So strategic review is 'dead'; yet another new ceo to try to turn around the sinking (value trap) ship. Salary package seems quite high borne by shareholders.
Is the option of selling the business finance unit gone? When will the dividends come back? RR should go mostly digital; that will save a few bob.
The malaise that long term shareholders must feel threatens to take the SP towards 10c to 15c range.
Luckily I sold out after the CR on the highs to preserve capital. Now SP is in no-mans land. Definitely value is there (in the form of business finance unit and franking credits), but there will likely be no news till next quartely at the end of April. So it's a sleeper till then.
Will buy at 10c, if someone will sell. Will wait and see. GL
So strategic review is 'dead'; yet another new ceo to try to...
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