RE: Why is this going in the wrong direction.3 Jul 2020 20:24
Ohmni - Good post. I do not blame ex SXX holders for having a dig at our new CEO, why not? SXX was a disaster area. A couple of "BUTS" though, firstly as Ohmni has said these are two totally different animals and secondly, turn things on their head and would our new CEO want to preside of another disaster? Of course not. In fact he'll be even more determined to rescue what damage has been done to his reputation so arguably this is a very sound appointment.
Add to that (i'v said this before), this has been Hayden's baby and he's still on the board. It's him who will oversee finance and i'm sure will be keeping a close eye on things post finance. So does this appointment worry me? No of course not. Also, day to day sp movements are of no interest to me. I'm more interested in financing arrangements and construction. These are the news which will rerate us. Have a good weekend.