ASH 5.66% 25.0¢ ashley services group limited

Calling the Linc fiasco as a misadventure is like calling the...

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    Calling the Linc fiasco as a misadventure is like calling the Titanic a boating mishap. They stupidly burned $3.6 million dollars of our money on a stupid one horse client pony, which was quickly shot after the cheque was banked. That's a whole lot of future profit gone up in smoke. And gives no confidence in Management going forward.No wonder the shareprice has halfed in 6 months and the stupidly high dividend will be cut I can almost guatantee it. So what's driving the shareprice direction? Essentially management. - straight off a cliff.
 
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