How much is $BSL.AX going to be up today? they are guiding $3/shr in cap returns next yr; on my rough math it implies ROICs rising to mid-teens exiting FY27 or so...FCF looks well, well ahead of consensus... More pertinently why is $SGH.AX buying back their own stock at 15x (flat) EBIT when they could buy $BSL.AX at 10x (improving) EBIT w/ upside in a CoC/break up? 🤔
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