Based on normalised EBITDA of $350m, to get to 1.0 to 1.5x target gearing implies debt could rise from the $290m at FY22 YE to $350m-$525m ie. an increase of $60m-$235m.
Even at the bottom end of the range of $100m available for capital management this allows for a dividend of 6.5cps or share
At the mid point of the range ie. 1.25 times ,the implied $150m available for capital management could provide for a 5c dividend ($80m) as well as a $70m buyback (approx 100m shares/6.5% of shares on issue). At 5% interest cost buyback is highly eps accretive.
Based on normalised EBITDA of $350m, to get to 1.0 to 1.5x...
-
- There are more pages in this discussion • 11 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 SWM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $261.6M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $204.5K | 1.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 248751 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 629773 | 17 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| SWM (ASX) Chart |