RE: Free Cash Flow Trap5 Sep 2023 11:50
JDCBC, the last and only acquisition this year was funded mostly via the placing yet debt leverage has increased during that time even with the new asset/ sell off of land.
I emailed Doug last night with regards to debt repayments, asking if they are still in line with the corporate presentation on page 21 shows a reduction for this year of $270m. Will post response once/ if received. Still holding and will buy more when I can, but these no point sugar coating it.