Forecast for underlying EBIT is $700 to $770 million which will make EBIT for the year around the $1.6 billion mark
They are generating a lot of cash atm, what they do with it, nobody knows. They'll continue the buy back and will have about $1 billion dollars in the bank.
They may wait a little longer before offering a special dividend (more franking credits) or an off-market buyback to give that cash back to shareholders.
I've notice HRC prices have come off the last week which could have a negative on forecasts.
Forecast for underlying EBIT is $700 to $770 million which will...
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Last
$19.57 |
Change
-0.110(0.56%) |
Mkt cap ! $8.612B | |||
| Open | High | Low | Value | Volume |
| $19.82 | $19.90 | $19.45 | $29.33M | 1.497M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3698 | $19.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.59 | 312 | 1 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| BSL (ASX) Chart |