Excuses,excuses,excuses ,for what amounts to a badly run company ,and they have the hide to say that they are ' taking the business forward into its next successful phase.' LOL
What they appear to be doing is getting as much bad news as possible out at once ,in the hope things will improve over the second half, they have a long, long way to go in restoring any semblance of credibility in their business style. Bank covenants,no CEO,revenue keeps falling,looks like a sell,but as it is my last stock and it is worth so little at present I am going to hold ,i want my shot at them at the next annual general meeting.
SRH Price at posting:
13.0¢ Sentiment: Sell Disclosure: Held