Good news, bad news, no news seems to be the only thing all shareholders obsess with. It's all a matter of opinion and no hard evidence to support the arguments, resulting absolutely zero conclusion and make yourself more miserable at the end.
Mr. Market has decided the company's result doesn't look good. But is he always right? Most certainly not.
Len Ainsworth is still the major holder (172,401,587). Why would a founder and major holder want to stuff up his business? Make no sense.
Share price fluctuates, value doesn't. See beyond the share price.
Fundamentally the company is sound and solid: Little to no debt, pay a reasonable dividend (4.7% yield) with PE 11. Good cash flow and strong balance sheet.
Shareholders need to take a long term view, be patience and have faith.
Good news, bad news, no news seems to be the only thing all...
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