ADO 0.00% 2.6¢ anteotech ltd

ADO Asx investor Series, page-56

  1. 1,825 Posts.
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    Totally agree PF.
    Geoff has run this company as tightly as he can. For a long time that meant that from my observations he was doing the negotiations with commercial parties but it kept the cost base down. If he had hired sales staff 3 years ago then we would have a much worse cash position than we are now. Personally, I think he has done a stellar job. Running a company and trying to close deals isnt an easy gig and requires completely different skill sets. That is on top of replying to hundreds of SH inquiries.

    Josh told me at the AGM that Geoff had been trying to get him over for some time (from memory 12-18 months) so perhaps Geoff knows he needed someone with greater sales skills to get these deals over the line and I believe he has hit the nail on the head with his appointment.

    I like Geoff's more cautious approach in presenting despite it coming across as nervous. He has by his own admissions (the SP comment) over promised and under delivered even if the circumstances that led to that were out of his control. I dont see him doing that again and as the SP appears to have found a base hopefully any major announcements over the next few months will mean it runs harder than it would if he built it up.
 
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