Good news today - Buderim Ginger may finally be exiting the bakery business.
Credit to the new CEO, I assume he's behind this move.
Not only might this decision save the company, it may mark the beginning of a new era for the company - for its employees and shareholders. In the longer term it'll be good for the local community too.
Message to Buderim board: if you don't get any expressions of interest to buy the bakery business, just close it down. Better to take a hit on the balance sheet now than endure more years of losses... and eventual insolvency.
BUG Price at posting:
60.0¢ Sentiment: LT Buy Disclosure: Held
