AVA 9.09% 12.0¢ ava risk group limited

Ann: Trading Halt, page-22

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  1. 917 Posts.
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    The dividend is a result of dividend policy, which states that a dividend must be distributed when EBITDA is positive.
    I have no idea why they made that decision in the first place, probably was pushed by some big shareholders who got in super early and don't give a f* anymore, but that policy was before the new CEO.
    I would give the new team another 12 months see how it goes.
 
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