What we have been told is that the company needs to be simplified. This involves selling off one third of the business by a board and management team that is accountable for the value loss led by an unelected chairman and other unelected directors who do not feel any need to let shareholders have a vote.
This can lead to further selling off of assets at a time when every else is dumping there’s. This could see some of them sell at at 60% to 80% of book value.
Given this as potential strategy, no need to improve business model. And reading this forum, many seem to hope that break up/sale is what happens.
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No. | Vol. | Price($) |
---|---|---|
4 | 103034 | $1.09 |
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Price($) | Vol. | No. |
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16 | 618913 | 1.080 |
6 | 200063 | 1.075 |
9 | 228466 | 1.070 |
9 | 152452 | 1.065 |
Price($) | Vol. | No. |
---|---|---|
1.090 | 42801 | 3 |
1.095 | 178704 | 5 |
1.100 | 930984 | 22 |
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1.110 | 106044 | 5 |
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