Because the responsible manager doesn't want you to look too closely at the result. EPS 4,7c including asset gains but paying 5c...
I am beginning to think that I need to ask a few questions. Read the announcement:
+11.6%* Investment portfolio performance per annum since appointment of Wilson Asset Management as Investment Manager (October 2020)
Increased fully franked dividend, driven by investment portfolio performance
Actual results 2023: Revenue from ordinary activities 15,361,932 down 42.7% Profit from ordinary activities before income tax expense 11,712,540 down 49.6% Net profit from ordinary activities after income tax expense 9,484,706 down 47.5%
You see actually its the performance since the responsible entity changed in 2020. Not really what is happening now
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