Read the statement@Todd Gunn .
“As we informed the market last week, Downer has a strong balance sheet, significant available liquidity and comfortable headroom in its bank covenants,” Mr Fenn (CEO) said. “The Downer Group has only $50 million of debt facilities maturing in the next 12 months and this can be funded using existing, committed facilities.”
DOW says it is financially secure; shareholders relying on dividends need the money to live.
And by the way, no statement about Board or C-suite reducing or deferring payments to themselves.
Ann: Downer defers payment of Interim Dividend to September 2020, page-4
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Last
$4.74 |
Change
-0.030(0.63%) |
Mkt cap ! $3.183B | |||
| Open | High | Low | Value | Volume |
| $4.66 | $4.74 | $4.59 | $10.39M | 2.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 557 | $4.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.74 | 14226 | 5 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| DOW (ASX) Chart |