GAP gale pacific limited

The previous CEO and CFO had 3 years of over promising and under...

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    The previous CEO and CFO had 3 years of over promising and under delivering. There are some positives (but not many);
    - strong cashflow and improved balance sheet.
    - growth in new market particularly the Middle East and South America
    - growth in new products in the US retailers.
    - cost reductions.

    This years profit results are crap. The board should have taken action a long time ago. Will wait to see what they tell us at the AGM.
 
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