Hah. They've been doing their best to prop the price knowing the...

Hah. They've been doing their best to prop the price knowing the result was another bad one. Do they think the market hasn't woken up to this?

Back in October John Wilson was confident of a profit and now there's even another big loss even though costs have been cut and they've let engineering staff go. They've stopped parcel lockers to win 'value add/high margin' business yet that's clearly not happening.

This is a story of poor strategy, even worse execution and a wasteful use of shareholders funds. I hope the new board step up and make the hard decisions. Appointing John Wilson based on his previous success with the business (and indeed him stepping aside a few years ago because of it) still dumbfounds me.

5c by Christmas.