Added today, full faith in the new CEO21 Jun 2023 21:14
I believe Craig will turn it around, he must see the potential within BMN to have come on board having been at the likes of De Beers, cant see him taking the role unless he thought it was a viable one let's be honest. The 2018 interview suggests he was inclined to take up non exec director roles going forward, so something must have caught his attention to move to BMN. Based on the interview, he's clearly a strategic financial thinker and laser focussed on optimising business efficiency and cash generation - exactly what we need, fantastic to have him on board.
Bosh, another 110k shares in the ISA while other fret over what I believe is 'noise' in the RNS - full conviction, no going back. I'm not going to let the II's hoover up all the shares, assuming that's what's going on here given the increase in Baker Steels position (+18.5m) reported on Morningstar after they initially sold out the whole position in 2022 (which if I recall correctly was over double this).
No idea why the fall today (but thanks to all the kind sellers for the cheap shares), great new CEO on board as of 1st July, clean slate, just need Orion debt restructure formally signed off and then it's time to look to the future. Yeah FY 2022 wasn't great, but SP's are supposed to be forward looking so hopefully we'll see that reflected in the coming weeks and months ahead.