Ann: Trading Update, page-19

I agree with you about over negative comments debasing the value of the comment. I also felt like many wanted to jump on the bones of a company suffering hardship with glee. Greed is good right ? Okay so a lightning analysis has earnings at 4ish cents and if they are kind a dividend at 3 or 4 cents. The organisation flagged this result last year and I respect that. I thought there would be a nasty fall and there still could be (my thought had been $1.60 as a re entry pointing you wanted to sell and buy again. They have also flagged that Jan was slow with what really has been a claytons lock down. Think about FY 2023. Quality company, great brands, good management and through turmoil the good companies always come out the winner. Happy to hold and wait even though this is an outsized part of my portfolio