Announcement of Sir David stepping down13 Jun 2024 07:39
The inevitable happens as Sir David starts to wind down. Perhaps the City will be happier now.
More importantly his son joins the board. Does that indicate a sale or break up is less likely? Succession planning? May be not but it does I feel placate those who were worried what happens post Sir David.
Shares may pick up a bit and cyclical nature of business may see improvement in next reporting statement.