This business has gone from the most "Iconic" brand in the country to a complete dog (as you say) in a few short years. The appointment of Mr Pretty commenced a "transformation" that took just over two years to completely destroy the business. The Chair and the Board were the designers of all this, and I note that the Chair was re-appointed at the recent AGM. Staggering. The media were fawning over every utterance of the Chair and Mr Pretty (who seems to have an opinion on everything, pity he can't run a business), and now all the provisions have run out and the true performance of the shattered business that My Pretty left behind is there for all to see - not a bleat from the business media. There has been over $900M of shareholder value lost in the reign of this Chair, the most iconic and trusted brand has been made a laughing stock and there is silence from the media and no accountability from the shareholders. We only have ourselves to blame. I'm out.
HIL Price at posting:
32.5¢ Sentiment: None Disclosure: Not Held
