"Interesting AFR article today in the "Street Talk" section.
Smoke and fire?"
Or, slow news day, possibly.
It's an article that would have been as valid over the past 12 months, as it is today.
But I think the bit of selling Saverglass and returning the capital to shareholders is a bridge too far, because for that to happen would effectively mean the ORA management and directors hang symbolic signs around their necks, which read "We are not competent."
So the leading indicator for the Saverglass egg to be unscrambled will require a Gurney (the high pressure cleaner, not the stretcher on wheels used in hospitals) to be run through the board room.
But one feels that the implication of the article, that the status quo won't persist, is accurate,. Something major is going to give.
It's just difficult to know with any degree of certainty what that something is.
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