Ann: Investor Update, page-3

Can't help but think the 5c final dividend is a 'gift of capital' in part.
We've already had an interim of 2c and frankly, I cannot see statutory eps for FY24 of much greater than 4.5c.
No mention of the final being franked either, I notice. Clarification would be good.
I always thought his F24 outlook was ambitious, given the relatively tame 1H results, but his 3Q results say he is bang on target.

These 3 points should always have been on the agenda:
* Streamlining the current operating business model to further centralise shared services, marketing and ITand
*streamlining the current Divisional business structure.
• Increasing scrutiny of underperforming businesses and being open to divestment opportunities for non-core businesses wherever possible.
Also interesting to note his olive branch by signalling a transition in the CEO role. No dictator ever does this so it is a backdown of sorts.

Hmmm, kinda backs the 5% club into a corner. Still waiting for their story to unfold.