SPO 0.00% $1.71 spotless group holdings limited

Ann: Retention of Laundries business-SPO.AX, page-8

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  1. 104 Posts.
    "After careful consideration of the potential growth in the Laundries business, and resolution of the acquisition integration issues that impacted the performance of Laundries in FY16, Spotless has determined that the best value for its shareholders will be achieved by retaining the Laundries business within Spotless’ integrated services portfolio."

    They could have just said - "We couldn't sell the damn thing."
 
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