Wow, 2 weeks after I first bought in, Andrew Edwards resigns and the SP tanks. I doubled my holdings at Christmas time when Martin & Melinda sold shares thinking it was an opportune time, now Jenkinson retires and the SP tanks even further. I won't be so stupid to do it again, I am tired of looking at "red ink". This company continues to destroy shareholder wealth with their boardroom antics. I, like the market (assuming from the reaction), am beginning to think there is something a miss here.... Strong personalities, board room rifts, management disagreements, pending negative market news.....what??? The market hates uncertainty, and this company's board seems to bathe in it. A long road ahead from here to regain market trust and for me (and probably many others) SP parity to where we first bought in. AArrghh, this is so frustrating, they have a good business, yet they keep shooting themselves in the foot.
PPL Price at posting:
1.8¢ Sentiment: None Disclosure: Held
