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
89.0¢ |
Change
0.020(2.30%) |
Mkt cap ! $162.4M | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 89.0¢ | 87.0¢ | $76.81K | 86.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8900 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 24212 | 3 |
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| Last trade - 12.07pm 29/08/2024 (20 minute delay) ? |
| NZM (ASX) Chart |