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clock Created with Sketch. 21/09/23
20:46
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Originally posted by BerserkWarrior:
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Perplexing hey. Not expecting this quarter to be as good as the raw numbers for the June one. That said it's still going to be very solid. Net debt is going to be a lot higher after paying out the divi but I'm ok for MSV to carry some debt, esp considering they did so well to lock in much of it at an average current cost of around 550bps & considering the cashflow they're generating. You'd think they won't have too much trouble with targeting net debt at 15mil at EOFY 24 even with a second diviidend of similar magnitude to the one just received.
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Ajl would be such a good biz if it was not loaded with high interest debt mainly from major shareholder.
(20min delay)