focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Well whatever is going on, it seems to be dragging if it's simply a case of Germany provisions relating to fy22, been going on probably a while before the delay.
My worry is that if it's anything else or worse than they've already stated, the market is already on red alert with mcg, so could react well over the top.
Laralara
IR used to respond when Louise was there, but I've had no response from them at all, however my correspondence has been rather abrupt.
It is so frustrating when you've invested your money and there is zero concern/ accountability for/to private investors.
Thanks Mary.
I di remember reading that last week, but couldn't fathom where exactly we are right now in relation to those covenants.
And when an announcement of a dividend might be forthcoming.
Does anyone know what circumstances they're referring to when they said in the recent results:
The Board has not proposed an interim dividend but expects to recommence dividend payments as soon as circumstances permit.
I'm struck by how the market seems to have massively over reacted on this.
He said when asked about kitchen sinking, " no the results are what they are"
It looks like some analysts expected debt to be lower but the market hasn't considered the Ferra monies coming in 24.
They seemed to emphasise what we've all been discussing, cash outflows last year and 24, and if they becomes cashflow neutral or positive next year, that in turn leads to profit.
Does this warrant a 30% sell off by the market?
Who knows.
Exactly chaps, what are we missing or is this simply an II bailing at any price before April.
On the face of it even without the cost savings we should still be fcf neutral next year without the one offs and cost reduction costs. So I don't get it.
We're all in the same boat, swapping deckchairs on the titanic Trenners / Trisor!!!
Really starting to fear the worst here the way this still hasn't found a bottom or a level that any IIs see value.
I recall the day of the yellowstone event was a bad day last year.
Money tied up in this is going to lose out on the opportunity to be used better when the market rallies. What an awful 3 year investment.
Did it though?
He does make a short statement straight after the decision and press conference is after our close. I'm sure I read about the general theme of it this afternoon, but the finer details tonight.
Maybe not but it all ties in with xxx accountants observation about how our sp moves in tandem with US 10 year bond.