In its half yearly presentation for the period ending march 31st, released on 17may they had already stated prices for its rurual services products were being impacted by lower prices and it showed these prices being down as much as 50%.
Its not possible to be telling shareholders a month later the same thing , glyph 450 sells for 3.74 per litre compared its normal price 7.35 in 17may presenatation but ceo is now using this as an excuse when today he quotes glyph 450 sells for 3.80 per litre. price has gone up in one month not down . Doesnt explain how rural services products revenue for march april is 158m lower than budget.
55m dollar profit expected to a 14 loss in only a few months is a disaster .Obviously this CEO has to go.
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