Hopefully not another lifestyle Director collecting salary and/or options. The company just needs to cut some costs and start paying out cash flows - not difficult to understand but the board seems to be in a fantasy land. I’m not sure why we need another Director.
Hopefully they pull off a masterstroke with Zoleo and are not misallocating the Capex like history would suggest. The market pricing this for how they think of Mike and Simon (poor) so there is upside if they can pull their fingers out of whatever orifice they are currently in.
BCC Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)