Here's my calc (note, FCF is the annual figure, not the total cash balance as some have implied above).
The "increase in cash balance" for the September quarter was A$783m. Let's assume this is approximately equal to Free Cash Flow. With volume expansion and increasing contract prices, we can anticipate A$4bn in FCF for the whole of FY2023. Then let's reduce that by 30% for taxes, leaving $2.8bn.
$2.8bn * 20-30% payout ratio / 3bn shares outstanding = 18.6 - 27.9 cents per share
Figaro
Here's my calc (note, FCF is the annual figure, not the total...
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |