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.
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Last
$1.61 |
Change
0.040(2.56%) |
Mkt cap ! $1.471B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.62 | $1.56 | $2.991M | 1.878M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 25634 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 12846 | 21 |
View Market Depth
| Last trade - 15.19pm 26/06/2025 (20 minute delay) ? |
| PRN (ASX) Chart |