hmmm, not impressed. China went backwards with 12mths of agreement passed. TWE have gained much better traction in this regard.
some positives in the cash flow, and run off from 2016 in onerous contracts but really have to question.
Scraping dividend, AVG are saying they are better managers of capital than having that capital in shareholders hands. That's fine if the return on capital justifies it, AVG are a long way from providing this justification as yet!
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