The question is why did they do the deals at 15% margin to begin with? This is still the same people, John Wilson has been 'consulting' them all along...problem is we have the same people making the same mistakes. I expect we'll hear the Ricoh deal is a debacle in a few weeks. What did I post a few weeks ago about redundancies and voila! The company is in turmoil, zero growth, only cost cutting, staff morale through the floor....spending money on a pipe dream with a car manufacturer...ring any bells for anyone? They continue to develop products that no one wants to buy and then rinse and repeat...how did we end up with some of the worst management on the ASX?
TZL Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
