The cost of the company's debt is lower than its cost of equity. Paying down its debt levels would only reduce its cash and shareholder returns. I believe, the spare cash is better invested at higher returns or paid out as dividends.
The cost of the company's debt is lower than its cost of equity....
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Last
$1.37 |
Change
-0.003(0.18%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.38 | $1.37 | $23.53K | 17.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6743 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 5578 | 12 |
View Market Depth
| Last trade - 13.07pm 27/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
