That's a broad statement Captain. For mine, I'd say it doesn't work sufficiently well to be viable.
The 'concept' however, is brilliant, and many years ago when I entered this stock, had it been in the hands of some efficient, astute and morally transparent management it might have kept abreast of it's competitors.
You cannot play catch up in this kind of niche market.
Easily said with hindsight. Those currently remaining invested are continuing to be failed (IMO) by managements' denial of what must be obvious to them surely...in hindsight.
I'm still indignant for the woman in SA who sank half a mil into a basket case - has anyone thought of approaching her?
If she has money to give away, at least let her give it to Fred Hollows or someone and really do good - she'd at least get a tax deduction!!!
The above is purely unqualified opinion - no buying or selling of stock should in any way be based on such thoughts...
Rgds,
Lilac
PPY Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
