Dec. 9 at 6:24 PM
$DEO the reason this is sinking imo is that the new ceo (his 1st day will be Jan 1) is expected to do some serious chopping and level setting. While this might be good news he has a rep of really going hard on the accounting, staff, intangibles and so forth. A big write down or restructuring might be in the months to come. Maybe even a div cut. Idk but it’s telling the BOD brought in someone with a rep of really cleaning house implying that drastic measures need to be taken. Obv all this is broadcast but still,..