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.
Just looking at debt on 2023 annual report and it wasn't that...
Add PRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
96.5¢ |
Change
0.005(0.52%) |
Mkt cap ! $920.3M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 96.5¢ | 95.5¢ | $424.9K | 441.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 23014 | 13 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
96.3¢ |
Change
0.005 ( 0.77 %) |
||||
| Open | High | Low | Volume | ||
| 96.0¢ | 96.5¢ | 95.5¢ | 107546 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| PRN (ASX) Chart |