news out today. good that this is resolved but one has to ask why they went down the strategic path prior to getting this sorted. How much $$ was wasted on the strategic assessment of NB?? $500,000? $1,000,000? There are so many similar mistakes by this company over the past few years, and when you then look at the restatements of the past, negative growth, antiquated technology, executive departures, you can only come to one conclusion. Why the chairman and Goodwood are waiting is beyond comprehension.
With all due respect, and nothing personal brother, but there is only one thing that needs to happen in order for this company to truly begin its turn around. I am a frustrated shareholder and the board needs to bite the bullet, make the payout and put a respected engineer with a real vision in place to re-gain the respect of its employees and the market in general.
You sell Nextbus and then what? a small bump and more cash to burn on non performance while shareholder value reduces even more?
Prove me wrong because 20 cents is a joke and what the market thinks of the current vision.
Regards, Frustrated long term shareholder.