RE: News out15 Jan 2021 23:44
I disagree Z. So many different variables between the two companies.
GGP are still mid euphoria and a CEO change can be more easily passed off when all the investors are swimming in profits.
I'm not convinced GGP is too big for Heddle by the way. Newcrest are doing all the hard yards and he was free to organise the assault on Scallywag. I also don't see why an M&A guy is needed when it has Newcrest's name on it anyway.
A lot of latecomers to SOLG can't say the same though as they're sat with higher averages and lower profits, hence the daily distaste towards Nick.