RE:Q1 ResultsAgree.. with all the doom and gloom and share price slaughter I thought things would be ugly but they seem quite positive.
Ffo was a bit lower than I expected due to creepage in operating costs (mostly royalty costs).
But capes came in a lot lower than expected by many here and so net debt not too bad.
Nice to hear positive things out of Chambers.. only wish they posted actual results.
Nice to see in the presentation they are focusing on their valuation gap and pushing the mantra they are not priced correctly... would be nice to see some insider buying to reinforce that notion if they are not in a position to buy back shares yet.