Those rejections are not uncommon, however this company has zero margin for error this financial year. BS is stretched still and nothing but strong FCF will do. Risky proposition at 30c, even more so at 45+. And you wont know how well or poorly they are doing till late MQ18/ early JQ18 given how skewed it all is to the end of the financial year.... it seems like too 'mouldy' for me... just a complete mngt shake up to give hope.. but hope is not a strategy either..
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