Things are looking good. FY22 EBITDA guidance increased again to $103.5m to $110.1m, with $70m plus of that EBITDA occurring in the second half. It would be reasonable to expect around $40m of that $70m H2 EBITDA to be retained as cash, giving a total cash balance at year end of around $80m or getting close to half of their current market cap. That's a pretty big pot of cash to start paying dividends from.
That's before we start factoring in how good a year FY23 is likely to be at current export prices.
Looking forward to the March and June results.
- Forums
- ASX - By Stock
- Ann: Ord Minnett East Coast Mining Conference
Things are looking good. FY22 EBITDA guidance increased again to...
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
73.5¢ |
Change
0.025(3.52%) |
Mkt cap ! $137.7M |
Open | High | Low | Value | Volume |
72.0¢ | 73.5¢ | 72.0¢ | $21.24K | 29.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7266 | 73.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 26666 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7266 | 0.735 |
1 | 9000 | 0.730 |
1 | 8500 | 0.725 |
1 | 2721 | 0.720 |
1 | 12013 | 0.705 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 26666 | 1 |
0.790 | 50000 | 1 |
0.815 | 6538 | 1 |
0.840 | 5758 | 1 |
0.850 | 2366 | 1 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
BRL (ASX) Chart |