Dan23 Jun 2020 10:07
Bottom line is Dan failed to deliver any value for shareholders.
Joanne is the scientific brains in the company, the CEO should deliver value for all shareholders, he utterly failed to do so timely.
A good commercially savvy CEO will rapidly deliver shareholder returns.
Be under no illusion, this move has been on the cards for a very long time, the new CEO will have been identified some time ago, far from being negative, I think this is an excellent opportunity.
The tech the company has, and prospects, are far more than when the IPO was done, value was never realised, as Dan was commercially incompetent in my opinion.
Nice guy or not, that has nothing to do with it.
This is the start of a very new phase in the company, I for one am very very happy to be in and adding at the moment.
Aberdeenman