Never mind the share price collapse as though that’s not bad enough.
They can’t even manage to deliver half decent dividends from what is notionally a defensive stock.
As for the vineyard purchases? Just vanity toys for the CEO and board to strut around in and pretend they’re something more than just a bunch of grifters. You can bet your bottom dollar they’ll be raiding the cellars.
It is worrying that the institutional investors still have faith in the present board and CEO. Mates, supporting mates.
Ann: Chairman's Letter to Shareholders, page-28
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Last
$5.23 |
Change
0.070(1.36%) |
Mkt cap ! $9.366B | |||
| Open | High | Low | Value | Volume |
| $5.18 | $5.23 | $5.15 | $17.31M | 3.321M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21966 | $5.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.24 | 46747 | 9 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| EDV (ASX) Chart |