I think management was too aggressive in the beginning. Instead of growing what could have been a competitive and profitable ATM co in Aus they invested in everything under the sun. Too many chefs in the kitchen if you ask me, no one really willing to take the reigns and pull this one in. I think a few advisors have steered them wrong with their investments and we, the extremely diluted share base, are now suffering. I think they've been a little bit too ambitious and the market has lost all faith in them.
new name, page-5
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