Ann: FXL - Full Year 2020 Trading Update, page-125

Headroom in funding (~$750M) has increased significantly. Gearing is now only 29% and has been reducing YoY.

They can afford a dividend, but should keep the cash for international growth. I would like to see a sensible decision on this front considering the $31M provision flagged for COVID-19 losses.

The next announcement should be:
- Superbundll launch
- Dividend cancelled
- Humm launch in UK or US
- Humm Jul20 performance or recent 3 months performance in comparison to prior known results
- Special partnership

I wonder if management has the same foresight as people on this forum.