Impact: negative. We expect the stock to trade lower tomorrow due to the dividend reduction and concerns about covenant breaches in upcoming quarters.
20 Apr 2016
REPORTS 1Q16 RESULTS BELOW EXPECTATIONS. DIVIDEND REDUCED. COVENANT WAIVER OBTAINED.
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REPORTS 1Q16 RESULTS BELOW EXPECTATIONS. DIVIDEND REDUCED. COVENANT WAIVER OBTAINED.
Mullen Group Ltd. (MTL:TSE) | 0 0 0.0% | Mkt Cap: 1,516m
- Published:
20 Apr 2016 -
Author:
Ian B. Gillies -
Pages:
3
Impact: negative. We expect the stock to trade lower tomorrow due to the dividend reduction and concerns about covenant breaches in upcoming quarters.