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.
Things are looking good. FY22 EBITDA guidance increased again to...
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Last
83.5¢ |
Change
-0.005(0.60%) |
Mkt cap ! $159.7M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.0¢ | 81.5¢ | $17.47K | 21.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 143 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 83.5¢ | 5930 | 1 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
83.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 81.5¢ | 83.5¢ | 81.5¢ | 3728 | ||
| Last updated 15.52pm 28/05/2024 ? | |||||
| BRL (ASX) Chart |