Yes, all time low share price and company valuation.
The company cannot recover from this in my view.
Meaning the share price cannot recover.
Was difficult for me to understand why anyone invested recently.
The situation is like it was in 2012, but at least then the board had the wherewithal to recognize their limitations and to recruit a specialist turnaround CEO. Against all odds that turnaround stabilized the decade of share price decline and raised record investment and new projects.
That is until LP made all those promises.
The promises made to shareholders by LP to do better than AB clearly have not been fulfilled, and interesting that he then walks away.
Nothing against Booth, who is not a turnaround person, as seen in the current status of the company.
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