It appears that the share price of Beamtree maybe in free fall for more reasons other than the general decline in the well being of the economy. Ever since the name change from PKS to Beamtree, the company has gone backwards.!! Is this just a co-incidence or does it signify the stupidity at the time? I have always believed we needed the word "health" in the title.
PKS was moving along nicely with the acquisition of Pavilion Health, but then events changed. The old CEO suddenly left the scene, and In came Bombora, and then hired the charismatic Tim Kelsey. Slick presentations and shrewd wording, and further take-overs looked as if this business was on a fast trajectory to success. However, the once profitable company has now started reporting losses, and cash flow is in question. The problem appears to be with the take-over of Potential (X) where the full implications of "Health Roundtable" needs explaining. We need clarity on just where Beamtree stands, and what the potential threats of this take-over mean.
I refer to those interested to the following article: wildhealth.net.au and "The mysterious goings on between Beamtree and Potential (X)"
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- Time for Tim Kelsey and Bombora to explain!!
It appears that the share price of Beamtree maybe in free fall...
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