DUB 2.56% 4.0¢ dubber corporation limited

Ann: Business Restructure to Achieve Goals from Reduced Cost Base, page-9

  1. 155 Posts.
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    I am very relieved. i would have preferred $10m but $5m is a good start.

    there's the typical fluff in the ann but i think we should put that to one side. the good news here is that management have removed their heads out of the sand and made the prudent (albeit obvious) decision

    RIFs in this instance will reinvigorate those that survive, solidify the wider team and create the basis for the next growth phase. management, eased of cost pressures, will be able to focus on driving strategy.

    in squeezing the last bit of optimism i have with dubber, i believe this announcement can be a turning point for the company. let's hope its the same for the SP...
 
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