interesting bell were one of the lead float brokers. Where were there analyst then? Took their fees and sold a lot of us a lemon. Deserves an inquiry from asic at the very least
Now the very same company put out a sell recomendation.
Either very naive or very stupid.
Looks like the worst of the bad news has been factored into this stock.
Wont be a quick recovery but i think they are working to get back to basics and build shareholder wealth again.
Long road back but it will recover.
As for bells and their research team ..they have a poor record indeed.
MEA Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held