It was a pretty mediocre result and the outlook and presentation were pedestrian. I trimmed my holdings but still retain a reasonable stake but it is not one of my conviction holdings (FXL and RMS in case anyone is interested!)
You are right that peers are doing better and I am not happy with the way the company is pushing their story.
Am very interested in seeing if Geoff Moles has any fire and will try to get to the AGM and hit them with some questions.
The company is in good shape financially and is a sound hold bordering on a long term buy - does management have the hunger?
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- not long now.
It was a pretty mediocre result and the outlook and presentation...
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