There is a convenant which says a % of profits go to reduce debt (think it was 35%), not all of it. Yes there is also a time frame on debt reduction.
Might see dividends within two years.
PLS cash flow problem AFR article, page-72
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Last
$3.19 |
Change
0.080(2.57%) |
Mkt cap ! $9.651B | |||
| Open | High | Low | Value | Volume |
| $3.18 | $3.27 | $3.15 | $68.91M | 21.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 188526 | $3.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 46731 | 46 |
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| Last trade - 15.54pm 14/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |