M, makes perfect sense mate. I am a little old school in that I always prefer the lack of debt as opposed to cash, but - as you say - the cash is going to make more money that the cost of the debt we may as well make that cash work for us.
Of interest, is the forecast $500M for Kalgoorlie already available, or is it coming from our circa $700M "pile"?
M, makes perfect sense mate. I am a little old school in that I...
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Last
$6.56 |
Change
0.050(0.77%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.51 | $6.59 | $6.49 | $8.348M | 1.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16304 | $6.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 2708 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |