A simple but true post stonkholder. I agree something needs to change at the top. The failing has been apparent for ages when they couldn't generate a decent return. In effect that left we the shareholders vulnerable to this type of thing which they obviously had never safeguarded against. When you operate on a miniscule margin what did they expect to eventually happen. Worse they are still touting the acceptable margin at the spatial side, but don't say the margin on the 80% of the business is unacceptable and as I've repeatedly posted for years, we never got told exactly how they intended to fix the margin. They left us at risk of this type of outcome. Shame on the Board and senior management. The first thing they have to do is get the surveying margin to 20% and inform shareholders of how they are going to do it. We've been building a house on the sand at the beach in the face of rising sea levels for too long.
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