AVR 1.73% $17.05 anteris technologies ltd

Reasons to keep holding Admedus shares, page-48

  1. 7,978 Posts.
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    We hope. Because we have no evidence the current board can do any different from the past. Just because a certain person such as our chairman has been responsible for X billion in revenue doesn't mean we are sweet. There's Ben numerous chairs or CEOs of bhp and tls whom have come and gone. It is possible such a holder who has paid a high price of entry has gotten their way and removed the past board. It's possible no doubt. I just hope the moves being made pay off. It is also possible we have created a beast(going up 638% in a year), and we've just paid for that rise over the past 3 years. I don't think the spending has been the reason for the sp decline. I've seen spending higher and growing higher over the years in plenty of companies. If we didn't rise 638% but only 25% in that great year we probably wouldn't go through this. I'll also stand by appointing ratty is a poor decision. There's no doubt because there no evidence of past performance. The appointment of a CEO to take this forward must come from outside. And if it doesn't we might end up seeing Andrew Forrest step in put his foot down and make stuff happen. If the next CEO doesn't take it forward at the benefit of share holders then we are wasting money. We don't want to waste money and time with partnerships and the HPV trial coming up. We still haven't had a suitable response from Ahz as to why the turnover either which to me is a red flag. It's becoming a joke to be honest. The arrogance of board members has No boundary.
 
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