Almost 12 month ago, went hard again and topped up at 32c to put a minor dent in the average. Fortunately intermittently sold that parcel gradually up to 56c. Not sure I have the stomach to try it on again at this point. Clearly even closing IC isn't enough to let this run.
The comms leave a lot to be desired. The quarterly updates are convoluted slabs of smoke and mirrors intertwined with the trite aspirational statements. They need some consistently presented, clear metrics that do a better job of explaining the various parts and performance of the business.
Maybe I was in mgmt accounting too long, although if I dished up board packs like their updates, I would have been roasted.
FLC Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
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