While I like this announcement, its a shame that it doesn't end with the following sentence..."as a result of the conclusion of this capital expenditure program, we will be reinstating dividends in 2019". Or at the very least explaining why they aren't being paid despite improving revenue & earnings, moderating capex and more cash than a small bank.
That said, the announcement suggests they are at least attempting to communicate more with shareholders, which may be a response to Redbrooks growing shareholding. Hopefully Redbrook will be able to force itself onto the Board soon which would be a very interesting development...
While I like this announcement, its a shame that it doesn't end...
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