ONT
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0.00% $7.13 1300 smiles limited

Just noticed that ONT debt has increased 0.405 per share since...

  1. :) Len
    352 Posts.
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    10/05/20
    13:32
    Post #: 44535176
    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!
    ONT Price at posting: $5.07 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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