Citadel get paid for this & yet ive seen this happen a number of...

Citadel get paid for this & yet ive seen this happen a number of times despite asx & shareholder communication meant to be their primary function.

a really silly own goal....what should have been a very positive announcement has been clouded by poor communication & you really have to wonder if this a broader issue with the board & mgmt (paying a tiny dividend also makes you wonder how much time do board/mgmt spend on thinking these things through).

the only saving grace is if they can get an initial contract for cy2024 which they can communicate to the market.....the caution for shareholders is that this is not imod; margins will be much smaller, but if telstra really are on board & if this is 5-10m per annum, then we are talking a serious step change (a 1-2m per annum on isolated jobs would be a pretty poor outcome)