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News: INP Incentiapay Received Expressions Of Interest To Recapitalise, page-47

  1. 1,103 Posts.
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    The Board is weak, especially Ms Chair who was pushing the growth story - "we gotta invest to grow" when investors kept asking about cash mngt - just before she realised they were spending money that was need for working capital. Talk about gender driven appointments... no other explanation really..

    But thats why there are 2 funds playing chess to buy this business. Its worth a lot more - 5x conservatively as it just been poorly managed and still the business is performing okay. Put a bunch of smart operators and this will be a multiple beggar.

    the clock is ticking for the predators to make a move cause once we approach or enter fy20 the business will be leaner and cleaner.. ready to go and likely to attract more interest than seen so far..
 
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