Absolutely Nomad, we have been crying for this sort of rational thinking to unpin construction and protect existing shareholder value for many years now.
But, they continue to use examples of $1.2B equity.
I don’t believe they have a creative bone in their body.
But, as per TP above, the current narrative they have outlined suits their performance rights, essentially ticks a box and they receive performance shares.
Your statement, is exactly our frustration.
Couple this with their support for external parties such as shorters… and we have our current under valued position.
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