The market appears to overreact when C Level Execs announce retirement.
I don't believe this to be like the Vocus CFO who stood down.
He was young, will move to another role somewhere and had only been with Vocus for a number of years.
David is a 30 year veteran who built the Netcomm Wireless brand.
Perhaps David had set 2016 to retire and was simply waiting for the FTTC contract to eventuate. Go out on a high.
Ann: CEO & Managing Director Retirement, page-16
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