Just looking at debt on 2023 annual report and it wasn't that bad. $750M minus cash and receivables difference of $320 leaves $430M net debt.
inventories of $220M and plant and equipment of just under $1Billion make this look pretty reasonable .
this is before taking over DDH1 which had low debt but approx $50M in cash paid out for the takeover.
as for Africa, the contracts are mostly for tier 1 ASX listed companies like Sandfire, Newcrest, etc.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.60 |
Change
0.030(1.92%) |
Mkt cap ! $1.480B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.62 | $1.56 | $4.300M | 2.698M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8313 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 15272 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| PRN (ASX) Chart |