“Optimising shareholder value remains our number one priority and we have a clear view on the opportunities to deliver growth over the short to medium term,” Mr Dutton said.
The Board will provide an update on the Company’s performance at its Annual General Meeting on 23 October 2014."
Here's hoping because in my view the market values the current strategy at -$1.50 per share!
I just had another read of the AR and still think there is reason for some optimism with a new chairman, board members and CEO to improve the recent dismal performance.
On the other hand, as far as I can see the last purchase on market of shares by the SLT was March 2013 by Andrew Dutton at $3.75 and the two new board members appointed last October at a cost of $155k remain unconvinced with a nil shareholding after 12 months in the job.
I hope they learn to walk the talk as well as talk the talk from Cosway and Macquarie.
SAI Price at posting:
$3.66 Sentiment: Hold Disclosure: Held
