ACL 1.32% $2.25 australian clinical labs limited

Is the debt that high?It was $225m in FY21, and $164m at the end...

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    Is the debt that high?
    It was $225m in FY21, and $164m at the end of FY22 and has dropped to c$65m, admittedly that was on the back of one-off covid profits.
    But $50m net debt doesn't seem onerous.

    Probably not a buy at $3.30 though, more a hold now
 
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