AX1 2.54% $2.42 accent group limited

Solid result. Eps up 38% is better than I was expecting. And...

  1. 246 Posts.
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    Solid result. Eps up 38% is better than I was expecting. And cash flows done nicely too.

    don’t see why the market is complaining about the dividend cut, it’s a good idea to preserve capital with a not so optimistic outlook atm. But, All they need to do is scroll back on the xjo to see an example of a v-shaped recovery. Sydney will come back, with more worn out running shoes than before they went in.

    I’m happy to hold this, was fearing far worse. Sp might cop it tmrw with outlook showing concern (although easily explained by lockdowns), but I’d expect it to be back by the end of the year. Depends how much the bots can make people panic probably… gltah
 
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Last trade - 16.10pm 20/09/2024 (20 minute delay) ?
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