Dividends can wait, how about some CAPITAL GROWTH first. Still 24% under IPO price.
Last weeks performance pretty disappointing, going backwards compared to peer.
Admittedly the sector has been languishing and going by Mondays lead from the US we could be in for similar things next week.
Simon's plan must be focussed on project execution, and the sooner the DSO revenue opportunity is fully outlined to ensure the market can have no doubt that the project will be delivered on time and if not on initial budget (inflation), any vacuum can be filled by DSO and Leo corporate keeps a healthy cash balance.
The spring on news flow must be starting to be pretty tight.
Core Chart below with key dates showing capital growth. Admittedly a tough time the last 3 months for them, they are gagging for some MRE upgrade in my opinion.
Something we don't need to worry about, in fact with our MRE update wouldn't it be nice if the JV partners agreed to fund a feasibility study for Danaya standalone, 170-200k tpa. That sure has to be on the cards and would be very well received by the market.
(20min delay)