Not bad. They managed to eke out an increase in FCF compared to pcp but I've got no interest in buying back in as they've gone from being a business reducing net debt to now needing to borrow in a high interest rate environment and not generating enough FCF to pay down debt.
Will def buy back in if/when they start to reduce net debt which will be around FY26 by my predictions.
Ann: NZME Full Year Results to 31 December 2023, page-2
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Last
82.5¢ |
Change
0.035(4.43%) |
Mkt cap ! $154.0M | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 88.0¢ | 79.5¢ | $73.14K | 89.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.54pm 24/05/2024 (20 minute delay) ? |
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Last
84.0¢ |
Change
0.035 ( 6.33 %) |
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| Open | High | Low | Volume | ||
| 79.5¢ | 84.0¢ | 79.5¢ | 4527 | ||
| Last updated 15.18pm 24/05/2024 ? | |||||
| NZM (ASX) Chart |