SMR stanmore resources limited

Ann: STANMORE COMPLETES ACQUISITION OF 20% INTEREST FROM MITSUI, page-15

  1. 848 Posts.
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    for mine paying down the debt first is the priority if you want a rerate , especially with rates on a rapid rise over this year . That’s the first step , to derisk the cash flows , normally loans also will prevent buybacks as well in the loan conditions , a banker won’t want money siphoned back to shareholders while they are carrying the can. Then you would want to establish at least a base line dividend , especially with a low available asx float that this stock has as that attracts a different investor to the register , then consider buybacks .
 
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Last
$1.94
Change
0.015(0.78%)
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