Credit to management for turning this business around..... this is now a simplified, profitable low risk business.
Gross debt reduced form $350m to $113m in two years, and net debt only $54m.... nice.
I also like the idea of the share buy-back, this will put a floor under the SP ensuring if any takeover does eventuate it needs to be at a premium.
Ann: 1H21 Results - Presentation, page-3
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Last
$3.50 |
Change
-0.010(0.28%) |
Mkt cap ! $853.2M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.53 | $3.49 | $180.6K | 51.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 6928 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 16092 | 24 |
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| Last trade - 13.11pm 20/06/2024 (20 minute delay) ? |
| FPR (ASX) Chart |