I tend to agree, whilst this is not a market darling in terms of a growth story it seems to be a very solid business that is well undervalued currently.
This could fly really quickly on a decent CEO announcement. I'm sure the search has begun and some of the well connected board members via News and Afterpay would have some candidates with the right credentials to take this business forward.
Great bones to work with for a savvy CEO as it is well funded, no debt and a business that is scalable.
I like the honesty that they got the US wrong and need to rethink that market. Aust and UK business is strong, if the can get the US firing this could be a very good earner from these levels.
BID Price at posting:
41.5¢ Sentiment: Buy Disclosure: Not Held
