There are a few things that don’t make any sense to me. Why do we have to wait until FY 2024 for a dividend? Given The current year has a bumper crop why isn’t there going to be a dividend this year. Why does the company need to reduce debt now? The company is forecasting good seasons for the next 2 years so debt will reduce from the cashflow being generated anyway. Also how is a debt to equity ratio of 30% considered excessive? This all raises the question of whether it’s worth sticking with NAM or finding something else to invest in.
There are a few things that don’t make any sense to me. Why do...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
66.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $136.5M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 66.5¢ | 66.5¢ | $3.402K | 5.116K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 12.53pm 28/06/2024 (20 minute delay) ? |
| NAM (ASX) Chart |