Any retailer will discount to push sales at EOFY or when targets are not being met - AFR and SMH do that with special subscription offers , Harvey Norman Coles Woolworths etc etc etc all do it for various reasons. Depends what heavily discounted means 5% 10% 15% ?
Basically implication to me is a reduced dividend and bonuses for management - and if thats what has to happen for the coy to get through the short term liquidity issue so be it - as more crops mature the sp and dividend will recover.
All IMO and DYOR of course
- Forums
- ASX - By Stock
- Ann: Credit rating change (S&P)
Any retailer will discount to push sales at EOFY or when targets...
-
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)