With the cash balance at about $80m and current IO price ensuring positive cash flows for the next couple of quarters at least, it is not unrealistic for AGO to be debt free in 12 months (if the IO price continues to hold). A range of capital management options could then come into play.
Ann: Results of 27 April 2016 General Meeting-AGO.AX, page-25
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)