@ich Given the magnitude of the earnings downgrade, I suspect the next dividend will be scrapped. Or at the very least it will be reduced significantly. You can forget about the historical yield. And big super funds won't touch this company with a barge poll unless the SP gets significantly lower and / or until management have fully disclosed the impact of recent events. The surprise resignation of the CEO is a good indicator that more shareholder pain is on the way. DYOR. Have is look at what usually happens at other companies who go through this process. Other posters are on to it.
MCP Price at posting:
$1.17 Sentiment: None Disclosure: Not Held
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