re: Ann: Star Sold for $1.7 million. Profit U...
Motoracebeerguy, can only agree with you. My point is, that the Manaccom, when it was acquired by Jumbo back in 2007 was a profitable business which contributed 1.8 mill before tax to the underlying profit in 2008/2009. Why change a successful business model? I do have the feeling that Mark did not get on with the founder of Manaccom, who ended up on the board after the acquisition, hence the change. The two years of Star Solutions did cost holders around 4 cents per share. Does a substantial holding in a company by it's CEO make him immune to bad decisions? You have to agree with me, that the ASX is littered with companies contradicting that. I could agree with a name change, but please not back to Jumbo. Cheers
MNL Price at posting:
40.0¢ Sentiment: None Disclosure: Not Held
