MSV 1.47% 34.5¢ mitchell services limited

Ann: Extension of share buy-back and operational update, page-3

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  1. 6,359 Posts.
    lightbulb Created with Sketch. 1046
    75% of post tax profits paid out as bb or div and reduction of debt by around $18m over the next 12 months.
    If the 25% remaining was used to pay off the debt of $18m... thats 18/0.25 = $73m after tax profit forecast for FY24?
    I'm probably missing something here... like how that 75% payout will be a lot less...
 
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