"Why be in a sector where you can make lots of money if management don't know how to, or aren't proven at it?"
coz this Co has been hammered to a level where good gains can be had getting back to firesale price. It's priced for liquidation yet that prospect is rapidly dissappearing over the horizon. So tho I wouldn't want to be it's CEO I'll happily ride this doggy back from the brink and make more than anyone did on BHP out of the GFC dip.
Doesn't have to be a good Co make money - just undervalued.
NOD Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held