Great summary Veecat, I am concerned that BCC will use the inflationary pressures and reduced consumer spending as a crutch to say that they are not able to meet the guidance and will report a large cashflow negative in the 4C.
It feels like we went from blaming negative cashflows on the covid lockdowns, then to blaming negative cashflows on logistics and components shortage and now we are preparing to blame negative cashflows on the inflation and reduced consumer spending sentiment.
I agree the BOD buying on the market has been really great and I cannot fault them for the move, it actually stopped our SP from retracting so its been most useful.
Ann: Director's Remuneration to Better Align with Shareholders, page-14
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