How could they get NWCH so wrong ?
Would have been nice to see in the announcement that some heads had rolled for the variance between contract price and actual cost and they were walking the talk with moving to smaller admin offices plus a drop in remuneration for management and board , but none of those initiatives have been acted on by management .
Statutory profit will now be a loss with the write downs .
BYL Price at posting:
11.0¢ Sentiment: Sell Disclosure: Not Held