I agree Utah. I feel they will just leave the hybrids in limbo for as long as possible. It is free debt until such time as they start paying divvies. Given how astute Mark seems as far as capital management goes, I suspect they will just not pay divvies until there are no more opportunities to deploy capital within the business either through investment or further repairing the balance sheet.
The communications to the Hybrids holders tends to support this view imo.
I agree Utah. I feel they will just leave the hybrids in limbo...
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Last
$8.36 |
Change
0.020(0.24%) |
Mkt cap ! $1.315B | |||
| Open | High | Low | Value | Volume |
| $8.46 | $8.46 | $8.25 | $2.862M | 343.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 745 | $8.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.37 | 1750 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$8.37 |
Change
0.020 ( 0.67 %) |
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| Open | High | Low | Volume | ||
| $8.37 | $8.37 | $8.26 | 241541 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| ELD (ASX) Chart |