No I sold, I should have ticked the boxes when I did.
I frankly don’t place any of my postings with an agenda apart from viewing this stock with a view to its performance risk and likely return.
It frustrates the soul watching what should have been the major vet aggregator of scale and big box retailer make such fundamental strategic mistakes and management missteps.
We watch not from the ASX sidelines, rather from and industry perspective. We’re happy with the now three practices we own. Plus I work in the financial services world so the vet space is interesting but not essential.
I’m not sure GXL past could have made a bigger hash of its dominant position.
New management team clearly is capable, however the professional services side of the business needs careful tactile steps.
The retail bit they probably know much more than I do. I state often I don’t understand retail.
Good luck to all who hold faith in GXL. I suspect with the price where it is someone will make a play for it believing they can do better soon.
GXL Price at posting:
$3.59 Sentiment: Hold Disclosure: Not Held