Is your Olympus worth what it was after this scandal

Started Nov 8, 2011 | Discussions thread
bishopsmead100
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Re: Is your Olympus worth what it was after this scandal
In reply to Richard Briscoe, Nov 8, 2011

With the size and scope (going back over 20yrs) of these financial irregularities, and the potential for criminal proceedings against current and former board members/executives, the liklihood of any organisation wanting/being able to take over the assets of this company is highly unlikely. The ability of the company to trade its way out of these difficulties is further hampered by the involvement of so many senior management figures over such a long period, and their admission that these illegal activities have taken place. Sadly I feel that there is likely to be more bad news to come as the story unfolds over the coming weeks and months.

Maybe high end Olympus products will command a premium in s/h markets if the company ceases manufacture of camera equipment . . . . still a very sad time for Olympus owners.

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