you should give mgmt more credit for being cash flow masters. This time debt is a burden. Prior to Sarawak they managed to survive in Bootu simply by managing cash flow. Sarawak is a natural cash cow but most investors cannot comprehend the cash needed to run this business, just look at all the other listed smelters globally, they're all in the same boat. Pushing back on payables is one of the many tricks at your disposal as an operator. In the end mgmt has to pick the fights it thinks it can win. My 2 cents on this topic.
Ann: 2024 Half Year NPAT US$12.9 million, page-20
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OMH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.5¢ |
Change
0.025(6.76%) |
Mkt cap ! $302.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 39.5¢ | 37.0¢ | $2.272K | 6.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10500 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 45200 | 2 |
View Market Depth
| Last trade - 11.58am 04/09/2024 (20 minute delay) ? |
| OMH (ASX) Chart |