RE:RE:Dividendrusty777 wrote: Morning Fakmiz
I really don't think anyone has a clue where this is going - especially the so-called "expert analysts" who seem to always have their own best iinterests in mind. I suspect a 50% divi cut is probably now baked into the price, however, if the cut is more, or there is more bad news that they haven't been up front about, then all bets are off. I think senior management has lost any credibilty that they ever had so I doubt that any institutions will be jumping on board any time soon.
For the time being the best we can hope for is for this to drift sideways for a while until the picture becomes a bit clearer one way or the other.
Pretty sad what the wrong management team can do to a company in the short term
GLTA
Rusty
Come AGM time I think that it's pretty clear what we must all do, at least those forced to hold this PofS. Vote Banskota and the BoD out, or at the very least send them a message strong enough that they'll leave on their own. What has happened to this company is inexcusable.