Fair enough, but then depreciation isnt actually a CASH expense until assets break down & need to be replaced. Of course, machinery etc needs to be maintained but that forms part of capex.
Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor
History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025
ACW This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game