Yes, agreed. For what it's worth, I would think they should be able to offset some 2016 losses against closure costs and redundencies in 17. I would expect that redundencies would be minimal as I expect most would be on relatively short contracts, but I don't know. Let's just see what the new CFO can bring to making the most value out of the books.
This is just my opinion, but I think it would be madness to try and scramble out of this coy when it comes back to market. The shares are minimally traded and even one person selling out would tumble the price. I think Mr Shrimpton knows all of this this. Because of this, I think they will be searching for a big piece of forward earning news that will assist in keeping the SP afloat. They basically have one month to get that. It may be new contract wins or outstanding growth in the labor hire or even some good news around the class action.
We live in hope. Let's not let this ruin our 2017 though. Life is too short. I had a car accident last week involving four cars and I luckily walked away from it with just a mighty sore back. You just don't know what is going to happen and we just have to accept that everything carries some risk. I'm going to worry about nothing in 2017.
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Yes, agreed. For what it's worth, I would think they should be...
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $25.91M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.5¢ | $18.35K | 102.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 698 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 24313 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 698 | 0.180 |
1 | 149944 | 0.175 |
2 | 35881 | 0.170 |
5 | 275324 | 0.165 |
4 | 135842 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 24313 | 2 |
0.195 | 322721 | 3 |
0.200 | 109894 | 1 |
0.220 | 62215 | 1 |
0.225 | 4761 | 1 |
Last trade - 15.44pm 28/07/2025 (20 minute delay) ? |
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