While it is a bleak report.
I will give credit to the new team that the report does not seem to hide anything....
That is for me, the first sign that BDR is going to come through this.
Disappointing about the plant upgrade, but an extra 3-4 months, could have been worse.
Cash bleed was not as bad as I though either, all things considered.
I realise it is easy to be critical of the whole operation, but... it would seem that S.J etc simply did not put in the leadership required to ensure BDR is profitability run.
Anyway, I will hold, but... then again, this is in my Super fund, plus, I have many other stocks performing better to balance out what is now, the only dog I own.
BDR Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held