Yep, also not very happy. They had a great balance sheet a few years ago and looked like a promising investment opportunity. So far though it looks like the millions in cash they were holding has been squandered on turn around efforts that so far have come to nought!!!!
I was looking at offloading my holding as there are much better opportunities around but so far it doesn't look as there are many takers (and who can blame them) so may have to hold on and see how it plays out. Luckily my holding is fairly small but not happy seeing a red line on my portfolio - can't win them all I suppose!
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