I have a modest holding in BKN and I think/hope that all he bad news has finally been aired and management can get on with their job. They do seem to be making all the right noises with cost-cutting, restructuring, etc. I was looking forward to a dividend but am not about to slash my wrists just yet. Persisting with a dividend would perhaps have bolstered the immediate share price? I think management have taken the prudent long-term option for the continuing viability of the company?
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- Ann: Bradken Ltd (BKN) - HY15 Results Presentation
Ann: Bradken Ltd (BKN) - HY15 Results Presentation, page-16
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