perhaps unlike Matt Bekier, Zlatko Todorcevski will await the Inquiry findings. The Commissioner appears quite adverse to the Executives including Bekier and towards the Board including Zlatko Todorcevski. There has as yet been no findings but some have already been reputationally damaged and some have resigned.
The market does not appear too confident. BLD SP went down again today. I think the reputation of the BLD executives
The inquiry is assessing all the evidence of the time of Bekier and Zlatko Todorcevski. It is not reputationally very good for BLD ATO be associated with that.
Perhaps Zlatko Todorcevski will resign or be pushed and that is the reason for the poor trading patterns of BLD of late.
I think BLD might fall further. Although I still hold, I change my sentiment from buy to hold pending executive announcements.
Of course, there could be a relief rally if they get somebody good to come in and shake it up but the Stokes do not tend to support such actions.
BLD Price at posting:
$3.37 Sentiment: Hold Disclosure: Held
