All equipment hire and leasing companies have substantial debt. They match the debt from the lender with the client purchase/hire of the equipment and charge a margin.
If they didn't have debt they wouldn't have a business.
Its the same with Flexigroup.
$100 million free cashflow a year.
solid day , page-18
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Last
85.0¢ |
Change
0.010(1.19%) |
Mkt cap ! $438.0M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 85.5¢ | 84.0¢ | $186.7K | 220.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 48641 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 2062 | 4 |
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| Last trade - 15.50pm 30/07/2024 (20 minute delay) ? |
| EHL (ASX) Chart |