Ann: GTN FY22 Earnings and Trading Update, page-2

  1. 1,529 Posts.
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    Good, net cash on the balance sheet. We've finally got an idea of how it's trading. Continue with the capital reinvestment in the business of the last year but start returning the amount you've repaid the bank over the last 12 months to its owners....that'd be $15-20million for the next 12 months. There's no reason not to be paying that cash out to shareholders, we've waited long enough. Capacity to do so is here, let's see it happen.
 
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