With Clime it always gonna do this or that. They have used a lot of their cash on questionable acquisitions. The Financial Planning acquistion (Madison) etc has been a waste of time. This is a business where the regulatory burden is so big nobody can run at a profit. At best it helps promotes the Fund Management business. I will give them another 6 months to year to sort the issues out otherwise I will look to sell. I suspect some of the insiders want out but will not sell at these prices.
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