The divvy is what? 11c? don't know if there will be a dump. That's already happened.
Going forward.....I'm hoping that the impairments will have already been factored in. The divestment will come at a cost no doubt but hopefully they will be able to recover those costs. Other companies have gone through this process....think Woolworths and the master disaster which admittedly is different yet the same, Woolies took a few years to get their share price back to a reasonable level but they had other major issues. Not too sure that Lendlease have the same problems. Their pipeline of works is very, very healthy.
As one commentator stated, "baring any snafus, lendlease will recover their share price", maybe not to $21, but well north of current share price. Fingers crossed that second half FY19 will see improvements.
The divvy is what? 11c? don't know if there will be a dump....
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