They won Scharf (a Fedex company) in South America at the time I held and I thought it was going to be big too. Then they blame it on software , whatever they signed never got started and before long Scharf was no longer mentioned in their 4C, they continued announcements after announcements but if you look back , nothing material came out of it. Including Philippines.
It could be the same business model GSW has, i.e sign a contract with a big boy no firm offtake and possibly at ridic low prices to win the reputation and sell the story. And each time, the sp catapults.
The same modus operandi all along, just a different market crowd unaware of their chequered past. The last straw was the 200m performance bonus shares that Clarke took for himself, probably the biggest ever on ASX (for nothing to show for).
Just you know what you're buying.
YOJ Price at posting:
17.5¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)