I was thinking the exact same thing @Miroboti.
Based on a simple model I created, the Company is generating an operating profit of c. AUD15m per annum. Assuming a 90% dividend payout ratio (to allow for capex requirements), that leaves sustainable, recurring distributions of ~AUD13m per annum (~1.1c dpu). If this was to commence in March-2025 (based on CY24 earnings) then, based on my cash flow estimate, the Company could fund its distributions and repay its debt in full, whilst maintaining its cash position >$20m at all times.
Ann: Quarterly Activities and Cashflow Reports, page-6
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DNA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.76M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 290078 | 2 |
View Market Depth
| Last trade - 16.12pm 02/09/2024 (20 minute delay) ? |
| DNA (ASX) Chart |
Day chart unavailable