Originally Posted by
Lizard
Probably pretty hard to comment on profits after one quarter - extrapolated for a year, might be too big a headache to contemplate with current gearing.
Cancelling the DRP and paying out in cash is a heart-warming acknowledgement of shareholder interests - so hope it favours them if they ever need to call on shareholder support.
Having just two markets and effectively just two products is always going to make a company more vulnerable. But CAV have historically achieved surprising consistency in performance. It will be interesting to see what they are able to do to turn this around.