Flyman, thank you for posting some background info.
Without knowing all the ISF history, today’s presentation seems to lack ‘new news’. By the look of it a rehash designed to arrest the falling share price (75.5c right now)
But with these downward driving lines from the preso - Lower earnings and Lower Cash Flow - stopping the sp slide could be a task.
- “but overall EBITDA will be lower”
- “Difference to expected operating cash flow -14.6*”
Will revisit in the low 60's. Good luck to holders.
ISF Price at posting:
75.5¢ Sentiment: None Disclosure: Not Held