RE: free cash flow11 Oct 2018 22:58
Thank you Longish for the link, but unless I just take the basic definition it is ambiguous. At the end of the day, common sense says if you owe more than you own you don't have free cash. Of course if vod can borrow money & get a higher return than the interest, then that is good, but to say that the divi is safe because of free cash flow is nonsense, & that is why the sp has collapsed, just accept that ,& hopefully with increased profits vod will prosper. I am not selling, but some of the posts on this site make me think this share is supported by people who don't have a clue, which is worrying.