New Guidance is a bit tricky - doesn't actually mention the amount of reduction in revenue (10m in H1, 19m in H2 for 29m for FY11). Seems a bit disingenuous to suggest no reduction in EBITDA - best to hope for now is the bottom end of the estimates. Yet another company promising more than they could deliver.
They better have sufficient free cash flow to fund that dividend. If not, they should not have paid one.
Funny that there was persistent low level selling (for no reason) in the lead up to the announcement.
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