Hi all, why do we think selling the production assets is a good thing in this day and age.
Content is king!
So I would have thought keeping production facilities and utilising them more efficiently may be a better choice.
Selling assets and cutting costs has always been the short term mantra. Most likely to gain management bonuses. But what about revenue-boosting, allocating capital to make more money. Increasing productivity... dare I say it growing.
This company has been a dog for many years. I'm not sure it's going to change its spots any time soon.
People keep going on about the rosy times ahead. Yet the stock price lost 17.24% today.
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17.0¢ |
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Mkt cap ! $261.6M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.0¢ | $26.45K | 152.9K |
Buyers (Bids)
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---|---|---|
6 | 390691 | 17.0¢ |
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Price($) | Vol. | No. |
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17.5¢ | 88276 | 2 |
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No. | Vol. | Price($) |
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6 | 390691 | 0.170 |
11 | 678974 | 0.165 |
7 | 407779 | 0.160 |
5 | 353000 | 0.155 |
7 | 58680 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 88276 | 2 |
0.180 | 445351 | 11 |
0.185 | 362285 | 7 |
0.190 | 586936 | 9 |
0.195 | 257027 | 5 |
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