Update on Company

What a day for shorters. The negativity from holders, not holders and supposed buyers is amazing.
If you don't belive in the company sell and go away. That is what anyone normal would do. Belonging to a family and continually critisising the members is idiotic at least. Don't like it , don't belive in it , sell and go away.
Nothing has changed in the company so far. This company was a darling with Montgomery Funds not long ago and they are very professional and conservative. They probably have reduced substantially once Tom C. and his team started to show their true colours.
Arrogance and disdain do not go well with well run businesses.
We have a new team. New directors everyday that apparently are supposed to be buying shares straight away when they have just started.
I belive that this management and new team - hopefully the old directors and chairman are all fired as incompentency is blatant.
The new CEO is giving the correct vibe but we have to take it on the shin as incompetence from the recent past ,keeps feeding the shorters and congrats to them and their inside= maybe not anymore- information.
Congratulations to the new management for not starting the buyback and maybe it won't happen and we keep the cash and rectify all the mistakes from the past. I still see great times ahead as the model is great and there has not been any breach so far contrary to the biggest financial instituitions in Australia and the world. Less chance of any happening in the future if at all.