Looks like a strong close in Auss tonight. And welcome back Beagle:t_up:.
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Looks like a strong close in Auss tonight. And welcome back Beagle:t_up:.
still issues with strategy will not been gone tomorrow, they will be compromising on margin into the US given who they are dealing with, that’s a clear cut case. have the feeling still plenty of money to be made as shareholders yet like Xero not make it in the US and really not become a true world class multinational, shame given the rewards that should have come from that.
The a2 yo yo. Only a few cents away from preannouncement sp. You just can't keep a good cow down.
Mr Market says ..... Jayne Who??
https://www.shortman.com.au/stock?q=A2M
Feeling the burn ...
Hasn't made the ASX50 this time.
Maybe Jayne could go back to JetStar ? https://www.stuff.co.nz/travel/trave...kend-read-this
first time I see this
Time
First TradedTime
Last TradedPrice Volume Change Value Number
of Trades4:10:54 pm 4:14:47 pm 1466 4,627,141 1 $67,833,887 89 3:59:32 pm 3:59:51 pm 1465 1,499 1 $21,960 8
Read this
Jayne Hrdlicka and the a2 formula that didn’t quite work
Insiders say the former CEO was going at a million miles an hour from day one and ‘ruffled a few feathers’ along the way.When Hrdlicka arrived at a2 Milk in July 2018 as a ''change agent'', she moved quickly to put her stamp on the business.
She installed her former employer – management consultancy Bain & Co –as a key adviser within a month of her arrival, replacing Chris Titler, who owned a small consultancy and had advised Babidge and Hearn for much of the previous decade.
Hearn says she "ruffled a few feathers" along the way, which is expected as a new CEO takes the reins and implements change. Investors and analysts were not impressed with the $NZ20 million-odd ($18.9 million) in consulting fees spent during 2019, nor did they like the profit margin outlook at the full-year results in August. The stock fell 13 per cent on the day, hitting a six-week low despite a2 meeting its 2019 full-year guidance.
The sale of about 357,000 shares valued at nearly $4 million within a few months of taking the job had also caused angst. At the time of that sale, Bell Potter analyst Jonathan Snape criticised the action, as Hrdlicka sold down her entire shareholding in the company, excluding options. She was not the only one selling, however; in total, 16 directors and executives sold about 3 million shares.
https://www.afr.com/companies/manufa...d%20investors.
At the end of the day she was a wrong fit for the role with divided attention.