we should be, specifically for year FY22, FY 23, I just checked figure. report profit is approximately 350 million for 2 years, spend 100 million on prime group. on 30 June 2023 net cash flow is negative 6 millions, net debts from 240 million to 246 millions, increase 6 millions ( just spend 15 millions on share buy back). for 2 year profit of 350 millions , net free cash flow is just 9 millions.!!! with no dividend for continued 6 years. with 9 million free cash flow for 2 profitable years, of course they are no money for dividends and buy back. stop talking about f*****g future , swm! to a shareholder hold shares from 2017 , year 2022, year 2023 is future!
SWM Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
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