GFY 0.00% 33.3¢ godfreys group limited

Tom used to be the MD but was pushed aside I expect due to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 212 Posts.
    lightbulb Created with Sketch. 2
    Tom used to be the MD but was pushed aside I expect due to disappointment over his performance the least of which would have been the poor stock purchasing. It's probably nor a surprise then that has decided to move on. The fact that he has sold his shares at almost the historic low I guess shows that he has little faith in the company. I see that a new institutional investor has bought his shares so perhaps they have the faith. Other institutions have come on board before and all have left licking their wounds. Every day I drive past the company's store on Sydney Road (VIC). Fading signage. Centre of the facade missing. Empty display frames etc. A clear sign that management is trying to conserve cash. Not an attractive investment proposition in my opinion.
 
watchlist Created with Sketch. Add GFY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.