Welcome to the world of OEL.
They have made an Art Form of obscuring the financial position of the company from their retail share holders.
We have suffered some nasty confidence sapping surprises in the past , in particular the low ball credit raising that occurred at the precise bottom of the Covid induced Market crash that passed control of the company to its biggest share holder sans any TO premium.
I expect more and less ambiguous information will flow from new CEO .
He has least made the right noises so far wrt the Strategic Plan going forward.
A lot to do here to renew lost faith by shareholders.
They have suffered from some terrible Management decisions.
However it is fair to say they have not had their fair share of luck either.
Ann: CG21 Bulleit Field Performance Update, page-115
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