RE: sack chairman & ned - tw (*************)4 May 2025 17:57
Lord, yes - he is trying to do a DOGE and why not? He has at least explained where he thinks the cost efficiencies are. Ironically if you listen to what he says and add it all up, it doesn't amount to an actual massive amount in the big scheme of things, but it is the pivotal line between profits (sooner) or a longer timeframe towards that point.
Efficiency has to be the watchword here. I think we are caught between two stools in all honesty. In SOH I think we have an honourable man who, nobody can argue, is a first-rate scientist. However, he is most definitely not tuned in to the business side or how financial markets operate. That's where they need, in my view, someone like TW to guide and advise. I don't think for one moment he's doing it for fun, or to damage OPTi in anyway, but a radical shake-up can only be good. I suspect Tuesday morning could see some interesting buying here, on the back of this, curiosity, the Share Talk note on it released Friday and general market firmness.
Further forward we have updates galore coming, the promise of another US deal, the naming of the one we already have, Nouri and Morepen updates and the H1 trading statement. A busy and interesting few months ahead.