Herd mentality. In my opinion the shares have been oversold....

Herd mentality.

In my opinion the shares have been oversold. They were 24 cents when they announced the poo had hit the fan, then went into a trading halt. Since then they have pretty much wiped debt, offloaded some entities while still keep a few solid earners. Prior to this there was talk of class action (which is now confirmed) which is probably putting a few punters off.

In a few weeks the strategic review will provide insight and future forecasts. They were talking of a new structure with $50m to $100m turn over. I hope it comes in at the higher level then the shares will fly out the door.