Greater than 60% utilisation is already built into the profit forecast through the 40/60 1st half/2nd half profit contribution.
Operating cash-flows are very healthy, that doesn't mean they can fund their investing requirements from the operating business. I do note they suggest their capital requirements this year will be less, hence why I'm looking forward to the half yearly report.
Does anyone know what breakdown of maintenance capex vs growth capex was for the last year?
RQL Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held
