A2M 2.48% $6.68 the a2 milk company limited

Trading Halt, page-452

  1. 1,699 Posts.
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    Fair point here. The BOD /senior exec performance over the last 9 months has been a catastrophe with everyone seemingly asleep at the wheel as COVID unfolded. From the initial announcements that COVID was actually benefiting the company & volumes were spiking & through to the annual results everything was humming along nicely. Related party disposals - and obviously still nothing flagged. Then comes the insipidly worded initial H1 revision - albeit maintaining full year forecast (on back of the bs assumption Daigou business would be back to normal). All cynically worded & timed to place distance between today & the related party disposals- albeit within the legal window. The key management personnel need to have a good look in the mirror at both their conduct or their ability & somehow seek restore SH faith. Insto reaction will be interesting.
 
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