I would suspect its too early as I sent it this week but also...

I would suspect its too early as I sent it this week but also included a couple more questions trying to understand how the covenants are set. It seemed far too easy to blame it on the result but it has to be interest cover ...

I dont understand how they can be in breach !

So I have linked both - the question being that why would you pay an 8c dividend and do a Cap raise when the greater need seems to have been clear that we needed to have more equity given the point in the cycle.