It?s good to see the new MD finally play his hand.
The wording ?consultation with key stakeholders? indicates to me that this may be more than just an internal reshuffle. They may be looking to shut-down some of the non-core underperforming sectors. Hopefully they also release an earnings guidance to end some of the uncertainty, for better or for worse. No mention of a capital raising, so fingers crossed this is not a feature as it would be devastating at the current SP.
It will be good to see the new MD finally play his hand.
COF Price at posting:
45.9¢ Sentiment: Hold Disclosure: Held
