Typical and expected commentaryThe new CEO comes in and controls debt bleeding and sells non core assets to get cash....tries to boost sales scope and basically take a fine tooth comb approach to the balance sheet....its just the first step and now it becomes a show me story of building the revenue and profits....the share price reaction is ho hum......as it should be....results need to be developed without the EBITA tag.
You have to give the CEO some credit for at least saving the company from bankruptcy.