They saved $7 million by cuttting their dividend (totally unforseen) and sacrificed how much in terms of market cap/sentiment? This is complete baloney and completely unnecessary considering they have $202 million in cash and equivalents.
Where I stand a takeover/management change cannot come quick enough (hopefully with CGT relief). They'll be saved by the POG in years to come of course but this is to paper over ever-widening fractures in strategy and execution.
Ann: Half Yearly Financial Results Presentation, page-52
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.63 |
Change
-0.010(0.61%) |
Mkt cap ! $1.231B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.66 | $1.62 | $3.457M | 2.115M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 617 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 9925 | 2 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |