Well what you are saying is completely at odds with what they said at the AGM: "We understand how to drive industrial businesses. We take a long-term view, founded on operational
excellence, disciplined execution; and exceptional people. In that regard, our focus now is to support
Boral management to deliver the transformation program and improve business performance and
returns.
Debt reduction is a key objective, and our target is to repay the $2.97 billion bridge facility before 30
June 2022. We expect a significant distribution from our share of up to $3 billion of capital return
approved by Boral shareholders, subject to ATO approval. "
BLD Price at posting:
$6.22 Sentiment: Sell Disclosure: Held
