OKN 0.00% $1.90 oakton limited

I missed this last paragraph in the announcement on the 21st, i...

  1. 811 Posts.
    I missed this last paragraph in the announcement on the 21st, i suspect after the net profit figure halving i stopped reading. I wonder why/who would be selling their shares at this low low price, with all financing covered for another 3 years and still making a profit


    Oakton have finalised a new, three year financing facility that covers all investment and working capital debt as required. Oakton’s operating cash flow has remained strong in the first half and it is expected that the debt levels will continue to decline over the next 12 months.
 
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Currently unlisted public company.

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