Agree this stock was in trouble well before bushfires & COVID,...

Agree this stock was in trouble well before bushfires & COVID, the classic Australian error trying to expand offshore too quickly, we are jubs/losers when it comes to offshore expansion, the locals see us coming and take full advantage (Slater & Gordon anyone). Also a classic UBS float, its usually listed above valuation and made to look good with some dodgy accounting and dubious stories of external growth. If the accounting seems obtuse and unclear don't invest, that's clear reason not to invest here

So why is it worth a go now? the irony is the bushfires & COVID have given the cover story to shrink the company and reset the balance sheet using plentiful govt cheap debt. And people are rediscovering camping, and we have the vaccine, and we are an M&A target, and we have cracking looking chart/technical profile. But don't pay above 35 cents until we have some evidence of a revenue recovery