I absolutely hear you on most of your points Solarpat, and heaven knows this stock has to date been a major dissapointment.
However point I'd make is I don't think Jane can be blamed for the Maxwell years and decisions, including the Orbost plant acquisition. She has been handed what she's been handed, and personally i think she and her new leadership team have achieved more in 18 months than the past leadership did in a decade.
While i share everyone's anger and frustration at the jpurney to date, with Orbost finally performing closer to where it was meant to, BMG behind us (may yet recover that 10%), maximum leverage in - i do feel we can begin paying down debt from our inproved cashflow and start to look at targeted growth initiatives to start to more fully utilise Otway plant and increase earnings.
Market as yet doesn't buy into this, or isn't aware of potential, which may be perfectly fair enough after years of disappointment. Maybe that is what the rebranding is abput - drawing a firm line in the sand to put the past behind us. Anyways, in big picture it won't be a big deal either way.
But i would really encourage everyone to give Jane and her new team a reasonable chance to continue to perform, they have been steadily cleaning house with the sh&tsh&w they were handed, and we are in much better health than we were a little while back, even if the market doesn't yet buy it.
Will be an interesting quarterly...
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I absolutely hear you on most of your points Solarpat, and...
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $448.8M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 17.0¢ | $181.4K | 1.051M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 227484 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 851548 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 227484 | 0.170 |
18 | 666068 | 0.165 |
3 | 296250 | 0.160 |
4 | 103951 | 0.155 |
7 | 504336 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 736614 | 7 |
0.180 | 681927 | 8 |
0.185 | 276531 | 4 |
0.190 | 218083 | 6 |
0.200 | 349395 | 7 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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