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Ann: ADH FY2021 Results Announcement, page-23

  1. 4,268 Posts.
    lightbulb Created with Sketch. 356
    Yes Kenster, the Mocka payout of $45m and the Final divvy of $17m will pretty well ace all the 1hFY22 Cash Ops.
    1hFY21 Cash Ops were $63m and given their need to have more inventory in Oz because of supply line delays, its lucky we have that $90m headroom in borrowing capacity.
    Looked at in thus light, I can now understand why they just went with a 10c final divvy. No argument from me. Here's hoping the can really get their spurs into the flanks of Mocka because it is not an insignificant investment.
 
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