Hooper's track reports is terrible!
Back to a few years ago he was laughing at API' CEO Stephen Roche after his presentation about the Priceline's potential. Mark Hooper chuckled : if API' business is so good why nobody going to them.
At that time Sigma sp is over 70 cents, and API is 20s.
API share price rose 10 times since after, and now Sigma is about half.
The real reason behind the rejection is, he doesn't want lose his position and be ticked out of the new company.
So, I seriously doubt his plan of Sigma keeping as stand-along company, and I doubt he really has any turn-around plan.
Shareholders have good reason to be cautious, and I believe API is offloading (around 52 to 54) in the last few days.
Hooper's track reports is terrible!Back to a few years ago he...
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