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.
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Last
$7.82 |
Change
-0.030(0.38%) |
Mkt cap ! $1.413B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.93 | $7.81 | $11.42M | 1.459M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 19701 | $7.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 48823 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| DDR (ASX) Chart |