Mr Bwahid, if you are still here what do you make of the price...

Mr Bwahid, if you are still here what do you make of the price action and recent announcement?

Announcement seems a mixed bag, Chairman and CEO exiting not good, but the fact an external consultant is willing to step in and take over as CEO shows something is in the works, a new high profile Chairman interested in joining a company with $13m market cap is quite interesting. Sell of Spectrum makes sense, as Freedom no longer flog their own product through Spectrum so no synergy, probably get around $5m for it. EBITDA generated $2m - $3m loss for second half excluding one-off restructuring costs, no surprises there. Still seem to be heavy volume on sell side stacking.