It seems we are divided roughly into 2 camps; those who think the recent events have been good for the company, and those who don't agree.
Both arguments have some merit.
But, as the old saying goes, it doesn't matter how much lipstick you put on a pig.....it's still a pig.
So well-meaning commentators can wax lyrical about how good the circumstances are about the CEO's departure, how much he achieved, et.c. et.c.....fact is, the market has discounted the SP just about down to NTA value, IMO.
Logically, only one way to go from here for the SP.
As for the ex-CEO basking in the reflected glory of deals being signed off while he's still in residence....well, he couldn't get any done in the last 6 years (Diasource excepted, if that was even his). Why would they start coming now?
FHC
Pig
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $59.14M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.4¢ | $65.10K | 2.710M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2822744 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 42050 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
2.4¢ |
Change
-0.001 ( 4.00 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.5¢ | 2.3¢ | 2208238 | ||
| Last updated 15.40pm 24/05/2024 ? | |||||
| ADO (ASX) Chart |