Hi Xxx12. Totally agree. The company has been front-loading cost that's clear and whilst great to see new mandate announced and new offices opening every month or so at the moment we need to see evidence of the revenue growth flowing.
On the white shares. It is possible that an off-market transfer has soaked them up as I understand that was an option for him (as we saw with Brads shares). If that's right, we could be done on the soak hence the nice little blip yesterday. If not we could be here in 12-14 range for another month or so. I don't mind as I get another crack at buying at this level in May if we're still around here.
ACU Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
