MFD 6.56% 57.0¢ mayfield childcare limited

This management has cancelled a fully franked rock solid...

  1. 3,963 Posts.
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    This management has cancelled a fully franked rock solid dividend - FACT

    Under this management the company has gone from financially conservative to breaking 2 financial covenants - making it a going concern - FACT

    Under this management the next dividend would be determined by Westpac - FACT

    The Dividend Reinvestment Plan to keep cash in the company has been cancelled - FACT

    None of the directors and CEO have made a single purchase of shares when the SP is near historic lows while the management is singing gRoWtH tunes - FACT

    This management put forward a proposal to purchase another 12 centers from Genius which Riversdale vetoed - leading to the purchase of individual centers which is the sole basis of singing praises of this Genius aligned (mis) management - FACT

    You can argue about not voting Directors proposed by Riversdale but to defend the CEO (Captain No Shares) and Chairman (Mr Almost No shares) and your statement about "protecting your investments" tells me you have a relationship with these guys - IMO ofcourse
 
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57.0¢
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56.0¢ 57.0¢ 56.0¢ $1.028K 1.835K

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Last trade - 16.10pm 09/09/2024 (20 minute delay) ?
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