Great post, only comments I'd make:
I'd be ok with reduced dividend but given they should already have sufficient cash from the Capital raising it seems a little wasteful to leave those Franking Credits gathering dust.
The prawn story will be interesting. I think they were relying on Asian exports to ramp up and the virus has probably come at the worst possible time. So keen to see both production and sales/margin for prawns. Have they had to dump production locally to get revenue or is it all being frozen as inventory?
I'll probably look past any short term hiccups, more keen to see their outlook and whether the strategy is still on track.
- Forums
- ASX - By Stock
- Ann: HY20 results release date and investor call details
Great post, only comments I'd make:I'd be ok with...
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares