why would they need to do a capital raise? At 30 Jun last year they had an ending cash balance of 1.2bn. Gross gearing is 69% and Net Gearing is 51%. Current Ratio is 2 and Debt to Assets is 26%. Irrespective of the debt they have, they are a cash-flow machine even at all prices $20 less than current.
why would they need to do a capital raise? At 30 Jun last year...
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Last
$7.89 |
Change
-0.030(0.38%) |
Mkt cap ! $25.62B | |||
| Open | High | Low | Value | Volume |
| $7.87 | $7.94 | $7.86 | $44.13M | 5.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25085 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 39733 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |