What I want to understand is the free cashflow after sustaining capital and co-investment for new funds. On 250m shares, EPS is looking huge, until you consider the redeployment of capital to support growth. At the CFO has mentioned, debt is poison for a business model like this, even at times of historical low interest rates. I have a large percentage of my portfolio wrapped up on OBL (since early IMF days) and I am comfortable with the growth story (as it suits my financial position). However, at some point, when the funds management business model is better established (~3 yrs), I would like to see a combination of sustainable reinvestment from continued growth and progressively growing dividends. The company, by nature, is conservative and I love that they are the type of play that under-promises and over-delivers. I say keep doing what you're doing.
What I want to understand is the free cashflow after sustaining...
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Last
$1.06 |
Change
0.035(3.43%) |
Mkt cap ! $298.0M | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.06 | 99.5¢ | $419.7K | 404.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2508 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 1379 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| OBL (ASX) Chart |