I suspected that this would be unfortunately the case.... for the delight of the instos. I'm happy to see what happens over the next 12-24 months as the changes that had to be made have been made and the CEO now has a clear path to the turnaround. If he does not deliver, it's on him. If he does, we could see a 2-4x here over 2 years. But first we want to see improving results and signs of the operations changes flowing to the bottom line (=positive cashflows).
BPS Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
