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21/10/16
10:44
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Originally posted by yanlin
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Bug,
Looks like we are going all the way back to the low 90's.......
This is what happens when a company disappoints the market with a tepid view of the trading outlook. Clearly, Mr Shepherd needs to learn how to better communicate to the market. This is his 2nd major blemish.................. next one and I'd say we will be looking for a new CEO.
I should have sold all my holding - not half!!!
Anyway, the fundamentals are still pretty good. We just need them to be better articulated to the market.
Lucky I'm holding in my super fund and can tolerate a long term holding. Dare I say it: I'll be holding longer than Mr Shepherd will be at the helm!!
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Seems like it might be an opportune time to put in a bid for SPO. A similar situation to UGL with a sentiment shift, and a predator made the most of it...
Lairy