Yeah not ideal, but not a concern imo. It reads to me that the debt facility is simply a matter of funding cashflow requirements. Any company that grows quickly has this problem. They are only paying out 57% of their NPAT as a dividend and their net leverage ratio is low, mix this with their strong forecast and I think shareholders shouldn't be concerned at this stage.
Yeah not ideal, but not a concern imo. It reads to me that the...
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Last
$2.25 |
Change
-0.030(1.32%) |
Mkt cap ! $454.1M | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.28 | $2.19 | $1.902M | 853.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4672 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.27 | 3500 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$2.26 |
Change
-0.030 ( 0.78 %) |
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| Open | High | Low | Volume | ||
| $2.28 | $2.28 | $2.20 | 141881 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| ACL (ASX) Chart |