Ann: COVID-19 Response and Business Update, page-10

  1. 144 Posts.
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    Hi bubsmark
    I agree - but probably all within the legal rules, complete with the usual code "funding tax and financial obligations". I have held some IVC since June 2011 (about $7.40) and a few more, in a different portfolio, since Dec 2018 (about $10.80 ). I thought the half year (31/12/19) report was good. I now have doubts about integrity of some of the Directors.
    Just wondering: (a) if the scheduled April 17th dividend payment will be deferred or even cancelled? If yes, my doubts will be confirmed; and (b) if, while the 10 person limit applies, will some of the prepaid funerals fees have to be refunded (for funerals actually conducted during the 10 person limit)?

    I have decided to continue holding as IVC does not constitute a large part of the portfolios that I manage, even after I reduced all shares to 30% and increased cash to 70% several weeks ago.
    ,
    Covid-19 problems should be over within 12-18 months and funerals allowed to be held in the normal manner for all those that want to attend.

    Regards
 
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