What's wrong with using debt? You are seriously financially illiterate if you think that's a bad thing. Do you know what the difference between cost of equity and cost of debt is??
Do you realise that most competent firms are judged by their WACC - weighted average cost of capital?
I reckon the forecast balance between debt and equity in the case of LTR is a prudent use of capital - and the market knows it. It's a pity you don't understand or don't want to recognise astute financial management.
What's wrong with using debt? You are seriously financially...
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Last
$1.38 |
Change
-0.005(0.36%) |
Mkt cap ! $3.345B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.38 | $11.32M | 8.121M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 235965 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.38 |
Change
-0.005 ( 0.01 %) |
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| Open | High | Low | Volume | ||
| $1.39 | $1.43 | $1.38 | 1532172 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| LTR (ASX) Chart |