Come on guys you're both values posters, don't blow up - we've got a bigger battle here - our company is floundering and based on the negligible real insto presence on the shareholder register, we are the only people who actually give a shite about this company and standing between it and oblivion. Management are not really accountable to any large insto shareholders because they're all gone - I believe management would have been rolled by now if there were instos on the register.
In the time I have been holding there has been stuff up after stuff up and promise of better to come: first the blow up on the commissioning of the new plant, then the botched marketing campaign on the new brands the following summer, then the strategic error on the Quality Beverages (backed the wrong horse, or failed to execute because every man and his dog wants to brew beer), and the slow movement on broadening away from WA (WA economy weak for a while now). Now declining sales, brands being cut, debt is not being paid down, and promises its going to get better.
Every quarter I get confident its going to be turned around, only to have another set back.
Its us and us alone.
GRB Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held