RE: sp buy6 Sep 2019 14:08
Very encouraging signs. People wanted the company to focus on a specific sector - it's CBD only now, the admin costs and break-even point reduced - disposal of O&G staff and overheads being sorted, RP had lost trust in the market - well him and his remuneration package is off the wage bill, director to buy in so they are aligned with shareholders - today the new CEO has bought in, cash position to be improved - sale of O&G assets (& liabilities) in progress. So I'd say it's a great start, but it will take time for people's perceptions of the company to change, and also those that sold out at a loss to move on. But this is a very different company now, and hopefully one with a very bright future.