Frankly I don't understand why some are happy that Iggy was sacked.
As far as I see his job was to create a company from zero, have vision and strategy and that he did. He isn't a finance genius but its not really his role that's the CFO role!
The CFO and the board whose role is to supervise the executives behaviour should have been sacked, not Iggy!
The board probably sacked him to appease(?) the shareholders so that they don't get the blame and the result is that now the company is fully in their hand :(
GXY Price at posting:
7.8¢ Sentiment: None Disclosure: Held
