what an absolute disaster. geez, one gets sick of these...

what an absolute disaster.
geez, one gets sick of these left-field announcements.
If shareholders were disenchanted before, then it will be even worse now.
Shareholders and investors just have less and less confidence in anything YOW now puts forward.

And the problem is, that even IF YOW improves its performance, that investors will continue to mark-down YOW investment proposition. Why invest if you have no confidence in business or mgt, or Board?

It will be a long, long, long road back to recovery imho.
Just have had a gutful.
+++++++++++++++
having said that, it is interesting that after this announcement, that YOW SP dropped to 16c.
Well Over 2.3m shares sold, but there is buying at these levels.
When the Revenue Guidance downgrade, someone has been hoovering-up the shares that have flooded the mkt after the downgrade.
So someone is buying!
and buying at historically cheap prices.
The mkt is still valuing the business for b......all - about A$4m only.
At some point, someone will make a takeover imho.