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Ann: Daily share buy-back notice - Appendix 3E, page-4

  1. Jausty1919
    588 Posts.
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    15/03/20
    10:39
    Post #: 43499725
    Their after tax cost of debt is probably what, 3%? Versus their implied cost of equity I'd argue to probably be > 20%. I'm very happy they are buying back stock & concentrating our ownership interests at such discount prices. The debt is also at entirely modest levels IMO.
    EAS Price at posting: 78.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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