Loving all this postivity and all that, considering my buy in average is sitting at $6.55 after a four year investment and currently 65K shares I am still deep in the doo doo.
I wont be confident till I see a2 IF on all my local supermarket shelves, which I am not, and we have just hired someone no doubt on a good salary to look after sales in Australia....and I see some new products and territories.
My opinion of management is much more guarded these days and I am yet to be impressed and hope that we dont see a repeat of the sitting on their hands as a third party was doing all the heavy lifting.
I am also concerned that people think in a few years we may reach our previously high sales figures....word of warning we never did get to the bottom of a few execs leaving but remember that the sales were boosted / dare I say manipulated by a very poor inventory system and stock pile up from third parties we are only just unwinding from. Whilst I agree with the $100m write off in stock as a good accounting treatment, let me repeat..........$100m write off.
GLTAH, stay strong, just continue to hold this pxxx poor Board accountable and fingers crossed we are blown away on the strategy day.
A2M Price at posting:
$6.02 Sentiment: Buy Disclosure: Held
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