I think Christos leaving as non exec will fire up the activist shareholders further so I think we will see the board put under increasing pressure. In terms of Angelides and his shares I am pretty sure he would have sold these over the past couple of weeks.
I have to disagree with you. Christos is respected in the industry and was brought in to change things around. His departure implies he wasn't given the power to implement the necessary changes and has left in frustration. I don't believe Stephen Marks has a clear strategy to carry forward this business.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.