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On 1st Mar, Kym (as CEO, OpenBrief interview) indicated strongly...

  1. william_yue
    16 Posts.
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    22/08/12
    15:49
    Post #: 10606861
    On 1st Mar, Kym (as CEO, OpenBrief interview) indicated strongly div, and said "suspension only under fairly extraordinary circumstances" .... "historical payout ratio"...
    "commitment" to pay div....

    What were the "extraordinary circumstances"?
    What about the historical payout ratio?

    Gross margin reduced, but not that significant; Margin maintained fairly well in 2nd half; cashflow positive (2nd half); challenging market already know in March when she made the statement; Just can't work out why they want to keep cash on hand for nothing.

    Already sent an email to Kym for an explanation, see if any answers.
    CND Price at posting: 44.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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