Not sure how the change from 10 to 30 attendees helps the...

Not sure how the change from 10 to 30 attendees helps the company make more money. They need normally allowed crowds to be back at normal The move from 10 to 30 means nothing. The key factor is the number of deaths and funeral spend. The Chairmans address on Friday said the funeral restrictions have had a negative impact on case average drivers, April -13.3% spend, NZ -44%. Strangely and disappointingly despite other numbers in the AGM report no clear funeral numbers shown except a line that the virus had no impact in q1. They must be seeing something as salaries cut by 25%, why would you do this if business hardly impacted? April and May so far have to be lower in funeral numbers as there has been less deaths with all the lock down, unless the companys market share has increased. And upcoming flu season should have lower deaths with the new social distancing and flu shots being very encouraged. I just think there is window dressing going on. Hard to justify a PE of 26x