MND 4.16% $11.99 monadelphous group limited

Ann: Market Update, page-11

  1. 4,284 Posts.
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    "It's a business that has averaged around $80m pa in Free Cash Flow, and has never not generated positive Free Cash Flows, during years both good and bad."

    A period that included the mining-investment bust of 2014-2016. It's hard to imagine a worse macro backdrop, for MND, than that period. So much for cyclicals being risky.


 
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