My take on ISN
Mike Thomas has gone and good riddens he was no good for the company IMO. Nobody saw his sell off coming until to late. As a CEO setting up internet sales only was a big mistake and not having support on the asthma foundation shop and chemists.
Now he has gone hopefully things will move in the right direction
The company will restructure and be much stronger in the future. I am sure Bruce will get the right people involved and although he is looking after his own holding I am sure he would have got many Family and friends to invest and be want them to do well
The only problem caused by Thomas’s stuff up is TIME
I think it will be 4-6 months before the product sells in quantity on the UK/Europe markets. Hopefully the new team will launch properly into the Australian market using the Chemist network.
So for all the holders like me, we have to be patient and let the new people grow the company It is frustrating seeing your holdings go from 5c to 80c and back to 30c But I think we will see a recovery in the share price once the company is back on track with right people onboard
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