I would love to think a dividend is coming but the existing debt level and now an additional $147m AUD loan facility to buy more planes suggest they need every penny to get the debt level down. I estimate the net debt to equity will be around 70% to 75% once this loan is concluded.
Whilst the ''únderlying'' NPBT has increased, their exclusions OF - QUOTE - ''No underlying adjustment has been made for operational and training expenses incurred inbuilding capacity for FY24'' has, in the past proved to be quite substantial.
I also recollect their prior forecast of FY24 NPBT @ $77m which might now be higher given their recent bullish outlook on demand.
I would love to think a dividend is coming but the existing debt...
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Last
$2.66 |
Change
0.040(1.53%) |
Mkt cap ! $428.1M | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.67 | $2.60 | $32.71K | 12.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10704 | $2.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 10000 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| AQZ (ASX) Chart |