Because they may use it for share buybacks or increased dividends.
It is also worth noting that $180M of free cash flow equates to about 19 cents/share, or about 20%
Ann: FY24 free cash flow materially above guidance, page-4
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$1.17 |
Change
-0.025(2.09%) |
Mkt cap ! $1.103B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.17 | $1.857M | 1.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49829 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 40637 | 2 |
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| PRN (ASX) Chart |