The operating cashflows of around 300m are sufficient to pay a 10c annual div and reduce that debt by half. Even if a recession or slow down in the economy eventuates i think they are in a strong position to ride it out and maybe pick up some assets. Diversified assets across Aust and Nz like NEC has will also help if certain markets experience a slow down.
The operating cashflows of around 300m are sufficient to pay a...
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Last
$1.27 |
Change
-0.013(0.98%) |
Mkt cap ! $1.958B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.31 | $1.27 | $1.460M | 1.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 26613 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 101884 | 47 |
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| Last trade - 13.59pm 25/11/2024 (20 minute delay) ? |
| NEC (ASX) Chart |
