Hopefully we are seeing the classic signs of a company gone...

Hopefully we are seeing the classic signs of a company gone wrong being put right. New chairman, new hard nosed CEO, major restructuring offset by disposals. They have the luxury of cash to make the changes.
The full year results will be horrific, but the market knows that. There are clearly insto sellers yet to conplete their selling, but this too should come to an end soon.
Clean slate all round.
Untouchable at $2, but a strong buy at 19c