Gotta love the management speak and buzzwords used in the announcement. According to WDS' chairman Ross Rolfe (of ex Babcock & Brown fame), we are all 'on a corporate journey'! Hahahaha. Is everyone enjoying the 'journey'. Not quite a Sunday stroll is it? More like getting burnt at the stake or being disembowelled!
And in a massive gesture of goodwill by the Board, directors fees are getting cut by 25%. Hahaha. How about cut by 90%, which is what shareholders are down??!!!
Unbelievable. You couldn't make this stuff up.
WDS Price at posting:
17.5¢ Sentiment: Sell Disclosure: Not Held
