BKN 0.00% $3.24 bradken limited

afr - Bradken out and proud

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    Bradken out and proud

    PUBLISHED: 14 HOURS 4 MINUTES AGO | UPDATE: 14 HOURS 4 MINUTES AGO
    JOE ASTON

    We were particularly impressed by the chutzpah of mining services group Bradken this week as it unveiled a $92.6 million interim loss and $98 million in write-downs and restructuring costs.
    The company's marketing tagline? "Proud to belong". Proud to belong to a club of companies (including SAI Global and Treasury Wine Estates) unable to get private equity bids over the line? Proud to have suffered a share price collapse after spurning a takeover bid?
    Perhaps the vision statement needs work. How about "proud to still exist"?
 
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