It's net income less free cashflow into total assets.
Total assets is mainly cash at bank so I would suggest the capital raising has led to this high ratio. It's more a poor use of balance sheet assets ROE that is off concern to me, as they are not prebooking revenue from my pov.
Ann: 2024 Half Year Results - Investor Presentation, page-56
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Last
85.0¢ |
Change
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Mkt cap ! $741.2M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 87.0¢ | 79.5¢ | $15.83M | 18.95M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 62969 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 36700 | 3 |
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