Although I'm hopeful the half yearly results will be decent, there was yet another mention of "one off costs" associated with the cost reduction initiative (Page 13). One thing I've come to expect with Paragon Care, they some how always manage to have one off costs every year.... For memory they spent $2.7m on external management fees a few years back, reported in the annual report, think Deloitte sucked that out of them and the result was splitting the business into 4 pillars... (Shane Tanner was still at the helm, guess he's forgotten that costly lesson).
That said, I'm more satisfied with the business and the current trajectory than I have been previously, could be a slow burn but I think/hope JW has what it takes... Interests are definitely aligned with ours!
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