That’s not right.
Free cash flow has been generated for the December half, and per the CM policy, a dividend will be calculated from this in the 20% to 30% range of this FCF.
It will be a lot smaller than previous dividends but it can’t just be ‘waived’. It’s a calculation. The reason in having a policy is to try to reduce subjectiveness, something a lot of people in this forum don’t seem to understand.
Good News & Bad News, page-37160
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