The AGM speeches are boilerplate, save this titbit from JA;
"We have been busy looking at opportunities, having reviewed more than 40 in the past twelve months. A sizeable number of these can be screened out relatively quickly if they are not a clear fit with our investment target parameters, but we are seeing a number that are worth investigating further. To date, we have not seen sufficient value in any to take to execution, but we continue our activity in this regard."
I hope the next AGM can speak to delivering on the myriad opportunities - not all are valid or appropriate. A good haul will transform perceptions toward DRR.
Meanwhile, expect dividend growth as IO production volumes rise.
Ash
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