RE: SP Angel flash note17 Aug 2023 14:37
Well, first, thanks, but am I not your friend .. don't know who you are ?
2nd - I am only surprised FM was not chopped last year, companies that loose 97% of their peak value tend to loose rather more than just the CEO. The Cellcube, BE strategy is great if the basis were there, but really the company has struggled operationally now for the past 3 years despite the tens of millions invested. It seemed clear in the first 4 or 5 weeks that Craig had rather more of a handle on the operational issues and how to fix them that FM did after 7 years... but its different skillsets. Just overdue time for a change
3rd -Operational issues are far from behind the company. the difference (however unkind) is that Craig actually knows what he is doing whereas FM rather seemed to manage from afar and get told a load of guff
I am pretty upbeat now ... biggest risk is the Orion re-structure, but so long as the conditions laid down in May are met then it will go through... if only we knew what the conditions actually were !