Beware of thinking that anyhing management can do will have an effect on the share price given the current state of equities markets. There is nothing sane happening in that space. The market is driven by fear of an economic meltdown..
The management team would rue the day that the Remuneration Consultant threw them into battle with the crazy market by recommending that the key performance hurdle for their performance based remuneration be tied to the Share Price. They would be laughing if it was tied to a 20% PA compound rate of increase on NPAT/ share which of course is all that management has the power to manage.
On the second of May they announced that , because of anticipated demand, they had purchased enough land to double the size of the current factory by February 2026. Thats a signal that management is forward planning for a 20X increase in production. The share price didn't move.
Ann: Clarification, page-20
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