As of end JUNE 21 OMH had Aus $77.9 mil in bank and cash, profit been increasing fast and furious since then so by now well over $120 mil, so capex well taken care of already and project not even started yet, capex expansion will take some time so payments for the expansion will also take time and be spread out well over the period, We also know that forward contracts are at a very good price so high profit will role in for many more quarters to come.
Adrian has said on two occasions 25 to 30% divi to be mandated.
loan will also be reduced at a much faster pace than expected.
AIMO the ride will start soon, hold on and enjoy the ride
OMH Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
