Take a look at last years FY Results.....EBITDA and Nett profit were already in decline...the first half of this year has only exacerbated that....
The new board has only been in position since Q3 of 22 and they are reporting to Dec 22, its probably naive to expect them to have had an impact in such a short timeframe....
While the results aren't great, they represent (on a macro level) the impact of the retirement of ageing assets and a move to renewables in their portfolio....
Time to take a deep breathe and look at the broader picture ..if you believe this can be turned around then this may be a good buying opportunity.
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