JMB 0.00% 6.0¢ jumbuck entertainment limited

carbuddy divestment, page-2

  1. 1,139 Posts.
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    They are taking a $200k hit to profit so I assume that is the writedown. The new chief is doing stuff just unfortunately at this stage none of it has eventuated in a positive outcome.

    I think it will given time however in the meantime nothing to see here. I have just about exited the building as better opportunities lie elsewhere in the short term. The divi will still be ok here though so at least holders are getting paid to wait.

    Will look to re enter on confirmation of positive forward momentum. At the moment it's still talk and it's hard to bank talk.
 
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Currently unlisted public company.

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