Share price usually over-reacts either way - overhyped or underpriced.
Current revenue is back to pre-acquisition of King Content business level, but profit margin is lower.
Cost cut program will help gain profit margin over current and next years.
Previous CEO, CIO, and CFO, all left, that was bad for share price, but recent appointments of high profile CEO, CTO, CFO, will be benefiting for the business.
Gilead Capital invested over $34m in ISD, they focus on 'Leadership investment'.
I'm sure they wanna share price to recover, not to their cost price $1.10/share, but definitely much higher than 29.5c.
Former CEO of Yahoo!7, Ed Harrison joined ISD as MD in August 2018,
ex-global CEO of Kantar Insights, Travyn Rhall, joined the board, bought 300k shares at 37c last September.
and founder of Gilead Capital also recently joined the board.
In November 2018, former Yahoo7 CTO, Paul Russell as chief technology officer, replacing CIO, Andrea Walsh, who left in May.
Chief product officer, Jen Marshall, former product director at Fairfax, will be joining ISD on 7 January 2019.
New CFO, Peter McClelland (ex-CFO of OML-market cap $900m), effective 18 February 2019.
ISD Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
