RE: Why is NO-ONE buying at this level?4 Sep 2025 10:27
Just thinking about the BOD at JAM.
They should be able to align with the APN model and they also have the resources to do it better. So why don’t they? Why does the market have supreme confidence in APN and treat JAM as a complete basket case?
I think it is because the JAM BOD’s view, or opinion of themselves, is totally detached from the share price, their performance and market expectations.
I bet they pontificate with and ingratiate each other as if they are commercial masters who, better than anyone else, know what’s best for this business. If there is a whiff of arrogance from anyone in those meetings, it is totally undeserved. The conversations must be quite jaw dropping if we were to hear them. What more can Lord Lucan say to contribute constructively and justify his position.
The whole lot need clearing out and MM needs to go sit in his business, ingenuity, and have zero to do with THG. Then bring in some professionals who actually know what to do.