I don't like their way of destroying shareholder value through...

I don't like their way of destroying shareholder value through dilution and finding more excuses and increasing cost. Everytime they have a bright ideas it turns out to be disaster. Management has a tendency to overpromise underdeliver

- UK venture - 10s of million
- Agency contract cancellation (haven't seen any tangible benefits and why even enter such expensive agreement in the first place. Is their kickback from the agency to management?) - (think it is 20 million plus)
- Close to 60 mil of legal cost and compensation (NSW + QLD + Enforceable Undertaking)
- Carboodle - 10s of million
- Restructuring cost - 10s of million
- More behind the back executive compensation through zero cost option or share.
- Very poor underwriting result given the last half result (No HoH increase in EBITDA even after normalisation and loan book increase by 50 mil). I won't get carried away by increase in loan book as positive indicator. I was dead wrong. It is really easy to pump money out and another matter to collect them and not get into trouble.
- No share buyback at this low share price

I like their business not their management. They have total disregard for minority shareholder. I hope EZcorp shareholder will pressure their management. They have lost 70+ mil AUD value by now. Peter Cumins shouldn't even be in a job now. He is thick faced enough to stick around.