Duke said at the time of the interim results that the third quarter had started off very well so I guess with Q3 update due early Nov - and if it's a good one - there would just come more pressure to pay back, so they've decided to put this one to rest now.
Yes, well done. The reputational damage of keeping the subsidy once profitability was confirmed wasn't worth the $$$'s. I expect one or two others to follow suit.
I reckon the pressure will come on the others once the election is over if they are not forthcoming.
actually Jacinda Ardern didnt make it a big deal in the candidate contest hosted by Paddy Gower. She seemed (to me) to accept that if they were within the rules she wasnt going to fight hard to get it back. So it depends what pressure you mean. Public and media pressure?? THere may be a bit of that ....
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