Free cash flow for 2016 roughly forecast to be $70m improving to $100m in 2017. Net debt burden at end of 2016 expected to be $236m. That is, debt to free cash flow at roughly 3.3 times, not low. Debt repayments for 2016 understood to be circa $50m, which compared to $70m free cash flow means room for additional slump in earnings makes it real tight for banks in 2016. This is the concern here.
Ann: MRM - Trading Update, page-98
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Last
$2.69 |
Change
-0.010(0.37%) |
Mkt cap ! $1.023B | |||
| Open | High | Low | Value | Volume |
| $2.69 | $2.69 | $2.69 | $1.368M | 507.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 10888985 | $2.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.70 | 13562672 | 36 |
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| Last trade - 10.31am 10/07/2024 (20 minute delay) ? |
| MRM (ASX) Chart |