They are not cutting costs fast enough, $30m per annum savings...

They are not cutting costs fast enough, $30m per annum savings was promised by the CEO.

Still too many levels of management and admin across each division.

That's 16 cents per annum of dividends we are missing out on, because of failure to cut excess waste from the Kevin Seymour days.

The recurrently new projects should deliver profits to allow 10 cents dividends per annum.

Extreme best case we should be getting an underlying 26 cents of annual dividend payments.

Instead they have a bad habit of throwing hundreds of millions into new ideas on the fly to avoid paying shareholder's their dues.