pussinboots,
I really appreciate this explanation... a few months ago I had flagged this one to watch, but after today's results I still couldn't understand the debt - cash flow model.
Why don't they pay down the debt instead of paying dividends... Is there a reason why they couldn't keep the cash in the business?
I would have thought that the interest on $50m would be approximately 3m or 4m... add that dividend payment of approx 5m per year... and they could surely use that to help grow the business as well.
I will endeavour to get my head around this... but again... Thanks for the explanation.
Ann: Full Year Guidance , page-13
Add DDR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.95 |
Change
-0.340(3.66%) |
Mkt cap ! $1.633B | |||
| Open | High | Low | Value | Volume |
| $9.19 | $9.25 | $8.93 | $2.212M | 244.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6370 | $8.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.97 | 831 | 16 |
View Market Depth
| Last trade - 15.32pm 04/09/2024 (20 minute delay) ? |
| DDR (ASX) Chart |