WhyFrom the public annual 2023 press release
Cut the dividend by $,15 by quarter to 0.25 called a balanced capital strategy ouch
Reported net loss of just
2.5 billions $ for 2023
and has to support a total debt of 6,4B$ ouch
not sure where they are heading , if you hear safe harbor or the best is yet to come or, any other nice statement from the leadership I would be careful.
because if credibility is built on the bottom line, what we see today is reality and the analysts and the community is definitely not happy with current situation.
now it is more than an act of faith....lower number to come unfortunately
and with no accountability for management they will continue taking their perks out of it destroying SP value.
glta