You're dreaming. Even with a Net Profit of A$150mil for FY25(with no tax payable) which is possible if current prices are maintained then you would deduct notional tax payable of 20% to reduce it to A$120mil and the Thais wouldn't pay more than a PE of 5 so they might give you A$300mil for a 50% share and so the Chinese might match that figure for the other 50%.
We're always going to be better off running it ourselves for as long as possible and collecting the unfranked dividends that should be at least 40c/pa from FY26(with maybe 20c for FY25 whilst we buyback 10%(25mil shares) for A$50mil).
It's doubtful to me whether production, prices or profits will increase much after FY25 which really will be close to a full year in full production after you process the high grade ore in August from A Pit West which will make up for the shortfall in production in July.
- Forums
- ASX - By Stock
- General discussion
You're dreaming. Even with a Net Profit of A$150mil for...
-
- There are more pages in this discussion • 129 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.37 |
Change
-0.035(2.50%) |
Mkt cap ! $351.8M |
Open | High | Low | Value | Volume |
$1.41 | $1.41 | $1.37 | $214.3K | 154.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 354 | $1.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 3172 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 1.370 |
1 | 3650 | 1.365 |
2 | 20730 | 1.355 |
3 | 120759 | 1.350 |
1 | 100 | 1.340 |
Price($) | Vol. | No. |
---|---|---|
1.400 | 450 | 1 |
1.425 | 6000 | 2 |
1.430 | 15119 | 2 |
1.470 | 9000 | 2 |
1.500 | 28472 | 3 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online