In order to pay a dividend they would need to do an equity raising. There will be no dividend. There could, still, be another equity raising regardless. Will these events hit the price further? Will Lew use an equity raising to accumulate another 10-20% of the company?
Furthermore, while there was a 1H profit, they didn't impair any of the excess inventory. How large will the 2H loss be? Will it be larger than the 1H profit?
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