Ann: Media Release - FY24 Results & Dividend Declaration, page-7

@vivRookie. I think you need to get off your high horse and be more respectful to fellow posters. @EarlyRetiree is correct in what he stated. The expected final dividend of $0.0375c was cut to $0.02c. This cut was not signalled to investors in the zoom meeting / investor update on 1 August. I also agree that the next (interim) dividend is likely to be $0.02 or less (depending on portfolio performance). All of a sudden your expected yield has dropped by 46%.
OK. So lets take a look at how the three core NCC holdings are going at the moment : BRI, COG, SND.
BRI - SP down 14% today due to a drop in EPS of 64%, and a poor near term outlook for residential construction activity. Final dividend cut from $0.085c to $0.02c.
COG - After a big jump to $1.20, the SP has dropped back hitting 3 year lows of $1.03, with a possibility of futher downside.
SND - After a little jump, the SP has dropped back close to 3 year lows of $0.80c.

BTW . There was also zero mention of the LTV ratio in the zoom meeting / investor update on 1 August. It's like that risk doesn't exist for shareholders.
Maybe they replied to indvidual investor questions via email to avoid public scrutiny while on the call.