Both of these objectives are attainable. I too am not overly keen on larger payouts, but if there's surplus cash, and it's deemed the best use at this time, it's a reward for the management who boughtout the company and worked to pay down debt and improve operations and profitibility.
I'm interested to hear of expansions into new markets and possible acquisitions. My understanding is significant acquisitions will be funded by capital raisings.
This management team is conservative, but focussed on continual improvement and has shown they have an eye for expansion that pays off.
The full year report will highlight the results of capacity expansions in Adelaide and Perth and reaffirm the desire to take a larger share of the market in the eastern states.
Exciting times.
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Open | High | Low | Value | Volume |
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1 | 4929 | 0.905 |
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1 | 11299 | 0.885 |
Price($) | Vol. | No. |
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0.930 | 23670 | 2 |
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0.945 | 1100 | 1 |
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