Jeez christ19 Feb 2025 17:50
Of course the CFO needed sacking, they told the market they would be cash flow positive and now they are cash flow negative in 3 months.
He messed up, he should be sacked
Now the institutions will want a big name to come in and sort out that mess and get proper procedures in place
This will be the deloittes recommendation
Expect more RNS this week
Contracts are being won, expect more to be won
Maybe the CFO messed up the last update too, who knows but clearly he deserved to go as he was incompetent
Now the company has taken that decision a new CFO will be greatly looked forward too.
I believe that someone will be in place very quickly