Originally Posted by
Balance
You must appreciate that ATM was easily selling every can they could produce until the proverbial hit the fan last year.
Remember the queues & fights at the supermarkets in Australia where the daigou buyers were buying 2 cans of IF at a time?
ATM thought it was going to last forever - demand would consistently exceed supply.
That's why the directors and managers became fat and lazy, and instead of looking ahead and future-proof the business by upgrading systems, they instead sold their shares and got rid Jayne for daring to pursue a strategy of short term pain for long term gain.
And the BOD is still there!
Short of a takeover, there is only one direction the sp is going to go imo - south towards $3.00.