I got out of Comvita around May 2016, selling most of my shares for over $12 each. A bit of good management on my part but also a bit of good luck too.
Ever since Brett Hewlett stepped down as CEO, Comvita's announcements have been overflowing with excrement as far was I'm concerned. A real shame given where they were back then.
Hopefully with Coulter's departure they might get back themselves back on track eventually, but if so it will take quite some time; the damage is done.
I think this means serious discussions between management and the auditors and a few late nights too boot. Code for the auditors are not too impressed ?
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