Just noticed that ONT debt has increased 0.405 per share since 30jun2018! Yet they have paid out 0.5025 in dividends since then (plus more in franking credits). Why keep borrowing? Is it to pay dividends? I have seen this before and it does not end well when the company gets loaded with debt and then cuts the dividend, the share price will crash!
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Just noticed that ONT debt has increased 0.405 per share since...
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