What's lacking is an articulation of the pathway to dividends, which needs to go through the note refinancing.
- Good news;
- Operating results OK, as expected.
- Continue to grow top line and margins.
- Growth capex still to be deployed, will reflect in 2020 numbers
This is a highly cyclical business and we requires strong earnings and dividends when times are good.
Company is too vague on this issue, they must have a plan and should share high level expectations with shareholders.
When is a refinancing possible and what is the strategy?
Are there any other cashflow sinks that they see on the horizon that may affect the refinance schedule?
Market remembers unexpected investment last year which stalled deleveraging.
Some more clarity on these issues, please.
Good news;Operating results OK, as expected. Continue to grow...
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Last
70.8¢ |
Change
-0.013(1.74%) |
Mkt cap ! $373.2M | |||
| Open | High | Low | Value | Volume |
| 71.5¢ | 71.5¢ | 70.5¢ | $16.10K | 22.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 8558 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 20099 | 14 |
View Market Depth
| Last trade - 10.25am 17/06/2024 (20 minute delay) ? |
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Last
70.5¢ |
Change
-0.013 ( 1.02 %) |
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| Open | High | Low | Volume | ||
| 71.0¢ | 71.0¢ | 70.5¢ | 11978 | ||
| Last updated 10.35am 17/06/2024 ? | |||||
| EHL (ASX) Chart |