This is a sitting duck ! Morningstar says $29 ! Our conviction is possibly all the same as we are stuck with this share. Management are the problem. The uncertainty would have been removed 17/12. Now that will only be in Feb. The buyback is a FLOP. They would have seen that and could have gone straight to on market buy back. That would have pegged the bottom. Look at us now , wait until Feb and guess what it still is a FLOP. By that time the share has immense downside potential. Why on earth would anyone buy this DOG now. This has shades of AMP written all over it. That company was destroyed by management and we are heading in the same direction. I bled with AMP now the same experience, bad bad bad management and an inability to read the room
WBC Price at posting:
$20.86 Sentiment: Hold Disclosure: Held
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