Not bad. They managed to eke out an increase in FCF compared to pcp but I've got no interest in buying back in as they've gone from being a business reducing net debt to now needing to borrow in a high interest rate environment and not generating enough FCF to pay down debt.
Will def buy back in if/when they start to reduce net debt which will be around FY26 by my predictions.
Ann: NZME Full Year Results to 31 December 2023, page-2
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Last
87.5¢ |
Change
-0.005(0.57%) |
Mkt cap ! $163.3M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 87.5¢ | 86.5¢ | $74.34K | 85.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.5¢ | 12635 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NZM (ASX) Chart |