"There was seasonality in the revenue so I would expect NWH to take the whole year into account in determining the final div."
Is this not pure wishful thinking? I would have thought the decision would be based on the company's upcoming requirements in the future.
And who says the debt is 0%? You cannot just deduct the whole cash balance. A big chunk of this cash balance is held by banks as security for performance bonds/guarantees required under contracts. I would venture at least 10% worth of contract value, which, based on outstanding book of $1.3b, equates to at least $130m of cash locked up.
"There was seasonality in the revenue so I would expect NWH to...
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Last
$3.45 |
Change
0.040(1.17%) |
Mkt cap ! $1.570B | |||
| Open | High | Low | Value | Volume |
| $3.43 | $3.46 | $3.41 | $3.524M | 1.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17412 | $3.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.47 | 8204 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NWH (ASX) Chart |