AGH 8.70% 2.1¢ althea group holdings limited

Managment, page-26

  1. 1 Posts.
    AGH is running out of money, that is not up for debate. 2 qtrs left with little prospect of raising enough funds. What a totally mismanaged organisation. Josh gets $850k compensation in an environment where cash flow positive companies pay their CEO half of that. That speaks of a total disregard of investors. The board and CEO need to resign to have any chance. Word is that they lost key sales performers in Australia so expect falling revenues.

    Remember, AGH were the darlings of the industry a few years ago. Ignore your biggest revenue driver, Australia and watch what happens. No future in the UK and massive competition in Germany with no value based reason to support AGH. I give them 3 qtrs Max.
 
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