"I remind you we have a contract that runs 'til 30 June 2025 and the channel continues to deliver profit and cashflow" & "It would be reasonable to expect not to be penalised by a challenging period (COVID)" - Maxine on Telstra negotiation, (ie. they are not going to take a low ball offer from Telstra.)
"Both parties are in agreement about a speedy negotiation" - Maxine on time frames for Telstra negotiation
When asked about the $75 million in franking credits asset and whether a special dividend or off market buyback was on the table: "We are cognisant about taking care of our shareholders", "Those options are available to us, yes. We are considering all of those options" - Maxine & CFO together
Someone said the $75 million in franking credits is a great asset that belongs to shareholders, and Maxine said: "I'm with you there".
VTG Price at posting:
97.0¢ Sentiment: Buy Disclosure: Held
