PRN 0.97% $1.05 perenti limited

Less than 80% cash conversion and net capex of $179m on...

  1. 353 Posts.
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    Less than 80% cash conversion and net capex of $179m on depreciation of around $163m which is broadly reflective of sustaining capex. So if you assume growth capex is around $20m (of the $179m) then that implies free cash flow before growth capex of around $10-15m ... this ain't a cash machine. These are capital intensive businesses. Just my opinion.
 
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