AZJ 0.88% $3.36 aurizon holdings limited

I didn't realise but the Investor Day is being held in Darwin,...

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    I didn't realise but the Investor Day is being held in Darwin, with attendees including from where I am - Melbourne (and presumably Sydney).

    The next discussion was more technical, with George Lippiart speaking re capital allocation. He highlighted how AZJ had not sought extra equity funding from SH.

    AZJ believes its existing capital allocation framework remains valid: AZJ has a history of generating FCF for SH. FCF exceeded dividends in five of seven FYs.

    I switched off as the figures talked about are all in the online presentation.
 
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