Lets all take one step back and think about the issues at hand. The company is in a growth space and this morning on 3AW unions were lobbing for the government to accelerate investment within the green industries which I expect would occur. INT’s focus under the new brand Utiligy by assisting corporates’ and industry alike to reduce energy/electicity and water usage through their service package is spot on.
Jeff is away on leave at the moment (well deserved in my view) as he has busted his nut to ensure this company is a viable entity. I am not saying that I am happy with where the share price is trading, however with persistence and patience, I believe Jeff will turn the tide. The company was left in a mess when these blokes arrived and the past management had a tendency to release useless announcements without substance to pump up the share price.
I am frustrated, however I believe the moves by management to cut the dead wood from the assets makes the company a more lean machine to capitalize on a growth market.
UXC made a move on a competitor recently at a substantial premium and I am sure if INT share price languishes at the current level, they will be under the microscope.
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Lets all take one step back and think about the issues at hand....
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