What I don’t understand is why make this announcement three days before results release. A lot of window dressing with reference to underlying results, and underlying EPS. Forecast EPS $0.314, underlying EPS $0.34?
Not surprised at market reaction given the extent of the capital expenditure proposed for FY25 and FY26 with no detail of how it will be funded or impact on leverage. A lot to get your head around.
Waiting for statutory results with baited breath.
KLS Price at posting:
$3.82 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)