Yes Scrabble agreed there is debt - but very manageable imho - and reading the latest Bell Potter report the analyst forecasts that debt will peak this financial year - FY25 - and in FY26 the NPAT will be 1.7B and the dividend will be around the $4.38 mark - and at $53.66 per share today that's over 8% return plus franking credits.
MIN still has a lot of growth in front of it and imho the SP will be north of $100 by then.
We just entered FY25 so FY26 is not that far away
Ann: Application for quotation of securities - MIN, page-12
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$55.94 |
Change
0.100(0.18%) |
Mkt cap ! $10.99B | |||
| Open | High | Low | Value | Volume |
| $55.20 | $55.99 | $54.23 | $82.46M | 1.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $55.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $55.95 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MIN (ASX) Chart |