Sure the company has lost accounts, however it has also picked up new work since July including:
BMF: * won a foothold on the George Weston Foods roster * has won Monash University's creative account
Frank PR:
* Travel Insurance Direct, part of the World Nomads Group, * Baby Bjorn, * will also represent Foxtel channels E! and Style, Frank * will also work with liquor brand Jack Daniels
ETC ETC, just Google recent wins and you will find a whole lot more that have no doubt replaced some of the lost revenue.
There is no doubt the market is tough, but as this company streamlines its structure and can slowly get momentum building the current price will seem like such a joke.
It must be those shares out of escrow being flogged by pi$$ed off past owners of agenecies.
I hope so anyway!
EGG Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held
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