Regal Partners Ltd V.RPL

SP decline over for now

[tinman8]

My concern is not with the underlying assets which are good but rather with a management that is reactive not proactive.I believe much of the recent bloodbath could have been averted with a management with the foresight to take swift decisive action.That said we are where we are. If management take the right decision soon the SP could! Recover much of the lost ground that has happened over the last few weeks.If they keep the dividend paying model but at a reduced rate that shows an ability to reduce their debt and maintain capex I would be a buyer againGLA>