Here's what I like the most about AGI. Page 5 Results Summary 'Strong Balance Sheet'. They repaid $26.8m debt in H1FY20. Okay, let's see how much that is per share. $26.8m / Share Issue 336.79 million = $0.0795 per share. Now if they didn't pay the debt, but instead paid that as a dividend, everyone would say what a great company. And the clever part is, they paid the debt down during a loss making year, so there should no tax ( or little tax) to pay on it. I think this company is setting up a very strong future with new machine coming and a strong balance sheet.
Here's what I like the most about AGI. Page 5 Results Summary...
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Last
89.5¢ |
Change
-0.005(0.56%) |
Mkt cap ! $301.4M | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 91.8¢ | 89.5¢ | $4.118K | 4.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11059 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 726 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| AGI (ASX) Chart |