MYR 0.00% 72.5¢ myer holdings limited

How? Is this a term of the covenant i.e. not to pay dividend? of...

  1. 278 Posts.
    lightbulb Created with Sketch. 34
    How? Is this a term of the covenant i.e. not to pay dividend? of you think they will be low on cash after dividend payment that breaches the covenant?

    Remember NPAT is different than operating cash flows. D&A is not a cash expense.I dont anticipate much cash spent on investing activities or financing activities, so majority of the cash from operations will be available to either 1) pay $130 - 140m in net debt or 2) pay some debt back and pay dividends.

    Why not?




     
 
watchlist Created with Sketch. Add MYR (ASX) to my watchlist
(20min delay)
Last
72.5¢
Change
0.000(0.00%)
Mkt cap ! $603.0M
Open High Low Value Volume
73.0¢ 74.0¢ 71.5¢ $465.7K 641.0K

Buyers (Bids)

No. Vol. Price($)
1 3387 72.5¢
 

Sellers (Offers)

Price($) Vol. No.
74.0¢ 7617 2
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
72.8¢
  Change
0.000 ( 0.34 %)
Open High Low Volume
72.5¢ 74.0¢ 71.5¢ 155654
Last updated 15.59pm 07/05/2024 ?
MYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.