Hold stock but never posted , thought it was time I had my say
Couple of things to bear in mind;
(a) ASX Indice Re balancing due 3rd week in March- whilst acknowledge latest results may have played a roll in sell down , my take is fund/s getting out and new fund/s getting in at lower prices- need to wait for notice/s.
(b) Would be nice to see new directors ( two off ) who replaced Browning , buy some stock on market and show confidence in company . Not sure why it took two to replace one - hopefully they will contribute much more than whom they replaced - alike with Company Secretary - now there is two of them - Why?
Investors need to be patient - there will always be "hip cups' in every business , as long as the business is making ground and profit , these 'hip cups " will be overcome .
We expected too much too quickly and price ran ahead .
Tom needs to get things happening at a faster pace and do some roadshows to reassure the investor community.
Still good long term play in evolving space., with may opportunities.
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