Yeah potentially. Why would Nick Parsons accept the CEO position if things were heading south? Tony and Nick were long term colleagues and friends. Maybe I’m being too optimistic but I just don’t see a world where this SP is remotely justifiable.
They still have contracts running until 2025 and 2026 with major blue chip clients, and the second biggest super fund in Australia wouldn’t of signed a 7 year deal if there was something inherently wrong with the product. The annual reports and AGM’s read well given the effect of the pandemic.
BVS Price at posting:
$2.27 Sentiment: Buy Disclosure: Held
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