The board has to go for any chance of moving forward.
How a Company could produce an annual report cutting dividends by 30% without giving any indication as to how the hemorrhaging is to be turned around just beggars belief.
Having a pot of gold to take advantage of future opportunities is not a plan
A few wrong steps from here could see this as a 10cps company in a few years.
Each mis step will be harder and harder to recover from.
Where to now for long term investors of Telstra, page-203
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