And of the number is no good would you moving on and sell like I...

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SMXtimes50folds

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13/07/22

11:08

Post #: 62511324
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Originally posted by T.E.P.: ↑

I agree, it is certainly not a good look. Something has gone amiss here. Perhaps HLF is seeking to take the business in a direction she is not comfortable with. Perhaps she has hit burnout. Perhaps she had planned this all along as the workload of running the business had become too large and this acquisition was her way out. If so, Halo management has drawn the short straw. We may never know. Fortunately, Rhian's shares are in escrow at the moment (so she can not sell) and regardless she is down ~50% from entry/acquisition with the value of her business effectively written off to zero. So, I am running with the assumption that she has the smarts to understand there is no point in selling at any point in the short-medium term and that she is better off holding long term and allowing the HLF team to execute to bring the share price back to fair value. I'm going to see if I can get in touch with her to get some extra colour/context on what has happened / her thought process on the decision. Judging by the comments, the existing Healthy Mummy executives (that used to work with her pre-acquisition) are staying on and carrying the business forward. I am also running with the assumption that this is a cost-saving, as she will be shifting from a divisional CEO role to an ambassador role. We've now got the quarterly to wait for to get some insight into how the business is tracking; I'll be hoping that, in the words of management, "we'll let the numbers do the talking". I want to see cash flow positive operations.

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And of the number is no good would you moving on and sell like I am going to?

HLF Price at posting: 5.3¢ Sentiment: None Disclosure: Held
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And of the number is no good would you moving on and sell like I...

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