The spill may have contributed to the fall due to the narrow 60/40 acceptance but in the end the disappointing sales figures and revenue contracts are to blame. And that has its roots with the old management and the new ones are left with cleaning up the mess. Of course, from now on we can't blame the old guys anymore as the new ones have had time to work out what's needed to be done. But the market values IPD on the last 4C and it will take time for the market to base it on forwards valuations again, trust needs to be earned and here I agree with you, that hasn't happened yet. But whether old or new guys running the show, the revenue does the talking and that's what will determine the sp / MC.GLTA
IPD Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
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