160 FCF and low 70 mil debt. Paying 10 cent is about 87 million. They can afford.
Selling Southern Cross is a sensible capital allocation move. Don't think the management will do anything dumb. Read their report. The 12 months focus makes business sense.
Peter Costello, page-6
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Last
$1.26 |
Change
-0.020(1.56%) |
Mkt cap ! $1.958B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.31 | $1.26 | $4.429M | 3.491M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39803 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 234778 | 10 |
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| NEC (ASX) Chart |
