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clock Created with Sketch. 26/07/17
09:18
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Originally posted by Just_a_guy
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I was extremely disappointed by the reaffirmation in may and downgrade yesterday and although I felt the share price was well undervalued yesterday I was erring on selling rather than buying more due to lost confidence in management and the board. Very pleased I didn't sell as I think this sort of initiative will help reaffirm the markets confidence in management. It certainly doesn't mean the company and business strategy is a safe bet but at least I can look the board in the face without disgust and maybe I can look past it and continue as a long term shareholder. Good on simon.
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Ev to ebitda ratio of 8.5 with >20% top line growth and high gp margin
