Hi Lordolean,
Aside from the reduction in dividends, i dont think the results is all that surprisinging given that Medusa has had a poor year is terms of production. Surely that would have been factored into the share price?
I have no issues with a reduction in dividends but would definitely go beserk if they raised any capital as that would be diluting the capital, which is a big NO NO.
As far as London is concerned, whatever happens there is inmaterial as it has no impact on the ASX. On that point, it makes me wonder why MML is even listed on the LSE. Can anyone see the benefits of the dual listing?? It must be costing them an arm and a leg and frankly speaking, I cannot see the benefit.
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