Shorts will start covering as well from last few days and well...

Shorts will start covering as well from last few days and well done to them (assuming no inside info...) ASX is no stranger to over reacting to news.

Pays to be risk on, but can understand a lot of risk averse sellers today and can't blame them for this pretty ambiguous announcement. Could potentially be accounting related issue, although would more likely see CFO prepping himself for jail rather than just leaving.

Just the property assets and inventory alone are worth ~$2.62 a share (before any impairments/liabilities). Will be interesting to see what happens next week, but below $3.00 worth a punt on a solid long term investment. Won't be hard for them to find a world class CEO to turn the ship around.

MilkLab alone could be worth more than the rest of FNP in the next 4-5 years