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Ann: Company and Trading Update, page-17

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  1. 997 Posts.
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    Doubt there will be a buyback now, not with the slew of unexpected charges just announced (incl. $750k of receivables that's apparently just gone poof) and the business pivoting from profitability to loss making (albeit only slightly). Two nasty surprises I was not expecting. Wonder if the sales downtrend continues in Watts McCray and the other underperformers continue, whether they will even have enough of a cash buffer to continue business as usual.

 
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1 79458 13.0¢
 

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14.0¢ 110289 3
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