Surely that is not a good sign, no?
If they're trading on 6-7x NPAT, they should be on a cash earnings yield of at least 15%, probably closer to 20% (remember, they don't pay cash taxes) - which on their current market cap of $400m is $65-80m.
At the current rate they spending 300k/week on buybacks, they should be generating cashflow sufficient to buy back 300k/day.
If they're spending all their FCF on buybacks - if that is all the cash they have - we ought to run for the hills!
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Surely that is not a good sign, no?If they're trading on 6-7x...
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Last
81.0¢ |
Change
-0.010(1.22%) |
Mkt cap ! $419.8M |
Open | High | Low | Value | Volume |
80.0¢ | 81.0¢ | 78.8¢ | $243.0K | 305.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10999 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.0¢ | 6694 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10999 | 0.790 |
2 | 75477 | 0.785 |
1 | 2564 | 0.780 |
1 | 1291 | 0.775 |
4 | 95000 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.820 | 6694 | 2 |
0.835 | 8687 | 1 |
0.840 | 31263 | 2 |
0.845 | 19450 | 2 |
0.850 | 39427 | 5 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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EHL (ASX) Chart |