just listened to the call. Obviously shopping centre stores have taken a big sales hit since last week. Not surprised given the issues with Covid-19.
If the current A$ stays at 55c US then margins will be an issue in H2 FY’21 and then into FY’22 , food for thought.
I have spoken at length to the CEO at the last 3 AGM’s and his response plan is exactly how I thought he and his team would react. Cancelling the divi has the Chairman’s hands all over it and he is a highly experienced investment/finance executive.
Cheers.......Daicosisgod
ADH Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held
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