My commiserations. I am also a participant recently in the 010's so I feel your pain.
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Settlement conference between Life Health Foods NZ V Synlait Milk Ltd & Others in the Christchurch High Court yesterday.https://www.courtsofnz.govt.nz/asset...daily-list.pdf Interesting considering today’s announcement.
Could be this? https://lifehealthfoods.co.nz/recall/
John Penno probably leaving because he doesn't want to play a part in gutting his prized legacy.
Meanwhile the new Chair "George is Chair of NZX-listed Bremworth Limited, Director of NZX-listed Arborgen", guy sure knows how to pick them. Pick the lowest margin and most underperforming businesses you can to be apart of the board.
Right, I'm in for the ride......
Just bought a massive 10 shares.
I'm 1% down already. :t_up:
Market cap not far off from going under $100m
I tell people in my job there is good debt and bad debt. SML have neither. They have toxic debt :(
Arborgen Appointed 19 August 2019 - Share price August 2019 was 18 cents today its 15.8 cents
Bremworth 1 June 2018 - Share price in June 2018 was 60 cents, today its 43.5 cents
So overall no the share price has not improved since he joint their boards. Thats not to mention that Bremworth share price also benefited off their insurance lottery or else they would be much lower.