GEM g8 education limited

Ann: CY23 Full Year Results Media Release, page-3

  1. 1,426 Posts.
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    It is pleasing to see debt was paid down from 90.1m to 58.7m in a high interest rate environment. I really like the fact that we are not just pumping out Dividends like some other businesses, but paying down debt for increased efficiency is also being taken into account.

    The GEM holding is a multi-year investment for so many of us, future opportunities being preserved is for sure the most positive thing I take from this release.
 
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