I don't have much faith in management. How they could even look share holders in the eye or sleep at night is beyond me, its just embarrassing.
The only glimmer of hope I can see is that the team at Landstead have done them over like a dogs dinner and have driven the price down on purpose to get the best outcome possible. So, although we might see more short term pain once we get to the end of the tranches Landstead may look for a steady share price recovery to get it to an acceptable exit price.
Its like a reverse pump and dump.
So if that's the case and it correlates to improved oil prices we could see a recovery in the future.
However, I wouldn't be relying our management team to come up with much as their performance to date has been dreadful.
JW
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