Shine should grasp the opportunity and lob a takeover offer. Anchorage have demonstrated their inability to manage/grow this business. Their fully owner UK operation are still making multi million dollar losses and Anchorage are use our balance sheet to hide some losses, otherwise they would be even greater. Are they trying to find a buyer for their UK operations? We need to change as the present strategy is destroying shareholder wealth and has continued since Anchorage became the major shareholder.
SGH Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
