Of course , it's a good sign when you are not doggedly stuck on an opinion, im just poking a bit as I remember you giving me a lot of crap for pointing out AC8 was in a dire situation when we were in the teens and you saying it was a srong buy.
Same story keeps unfolding with ac8, a CEO sees ac8 is cashed up, comes in with a lot of promises, takes huge salary and performance rights, spends a load of the companies cash and doesn't achieve a thing they promised, leaves the company with less cash and worse strategic position, leaving a spot for a new CEO to come in start a new strategy from scratch and repeat the same thing again. Only thing changing with the cycle now is that ac8 is no longer a cashed up company. It's going to come out of suspension , with the market knowing CEO is out of here in 6 months , and in need for cash .
AC8 Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
