You'd be forgiven for drawing the conclusion that shareholders were betrayed for 30 pieces of silver...(plus inflation for the last ~ 2000 years). Why were senior management granted such massive bonus's because of an IPO float ? Surely not for telling half truth's and application of vast quantities of high gloss red lipstick to a very ordinary looking mature and bloated pig ?
To add insult to injury all shareholders have heard since then is one promise after another all that have turned out to be "inaccurate" putting it extremely kindly.
I'm going to go out on a limb here and suggest that I think this company with its current directors and management team is un-investable regardless of price, what do others think ?
Why, because how can you ever trust the integrity of the management and directors after the IPO betrayal ? At least one director has seen the error of his ways and wants nothing more to do with this ongoing fiasco. Promises that things were on the up and up as recently as December 2017 have come to nothing.
How long before heads need to roll at management and board level ?
Pray tell, what is the point of pumping out ever increasing quantities of chicken if you then have to discount it down to rock bottom to shift it ? Produce 10-20% less and sell if with proper margins and make more money for goodness sake...