EVN 1.08% $4.69 evolution mining limited

EVN have a negative Net Debt to EBITDA, significant FCF, and a...

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    EVN have a negative Net Debt to EBITDA, significant FCF, and a subdued SP to MC relative to peers NCM and NST.

    Point I am trying to make is that I would prefer an on-market buyback as opposed to dividends with this stock based on EVN's excessive share dilution.

    When looking at indices more broaderly you will notice that the DOW has increased enormously in valuation relative to the ASX200, over the last decade or so. This is largely due to the fact that American corporations tend to prefer buybacks whereas Australian corporations tend to prefer dividends.
    Last edited by Eratosthenes: 12/02/20
 
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