QRN qr national limited

buyback, page-2

  1. 54 Posts.
    In your calculations, you haven't worked out the borrowing costs of the $1b.Lets say 7.5%, equates to $75m or 3cents/per/share.
    Another way is to say earnings on current net profit will erode by say, 17%.
    You cannot rely on the dividend because its peanuts.
 
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