Gutsy effort. I am already overweight with BAP with my average $1.95. Having said that and having some wriggle room, i still dont like to see the destruction of an otherwise good company through poor leadership and management decisions. i still dont understand the significant price drop and consider it overdone. The swing to EVs seems to be abating and ICE vehicles still the preference. Added to that is that Autobahn while being the retailing face of BAP, is only a small part of the business and trade customers predominate. The Autobahn where I live in regional NSW, is moving to larger premises and there is a 2-3 month wait to have entertainment systems installed in vehicles. They refuse to install products bought from other stores and due to the lack of available installers, this forces customers to buy ALL their installation equipment from Autobahn. I tend to agree and wonder how much management know about the future and current performance of BAP, to outright refuse to T/O offer ? Remains to be seen !
BAP Price at posting:
$5.06 Sentiment: Hold Disclosure: Held
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