Because of the one offs write down that we have another opportunity of a lifetime(or in many years)! The 'if' applies to all companies, not only "new management". They are new in that they are new to the company, they are not new in terms of managing companies having similar characteristics. Dominos have old management, have they delivered? Retail Food Group had old management, have they delivered?
GXL Target Price of $8.03/share, page-7
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