Something desprately needs to be done about the incompetence of management running this company, they continue to destroy shareholder value and todays profit announcement only confirmed this, how much longer can they continue to talk about being in transition whilst providing no tangible results? the companys net cash position has basically halved with no dividend being payed to shareholders, no doubt this cash has been sunk into further fruitless endevours. The shareholders of this company must do something before this company becomes totally worthless.
JMB Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held