Dividend change 100% Fully Franked to 40%, page-9

Here we comes ... Just 1-2 days retracement the rumor un funded baseless begin to run
Let put clear

1-mornington star like everybody else can especulate as much they want but no reason at all , why?

2- the debt about 600 is to be paid in SEVERAL years (i think is 8) .
Next two years guidance 205x2 .
Why the co after so dramatic drop in share price will cancel 35m dividend . Still will remain 170 to drop the debt much much much more many times more rhan the bank expect

Apologies to be rude but thus is another piece of rubbish .
To drop from 100 to 40% also must happen by announcement.

Mornington star probably wants to buy (his own mates) and as cheap as possible

Cato