A history of non delivery, OR very slow delivery to be more specific.
the whole CE process was a litany of promising a soon to be delivered CE Mark. Those announcements can be tracked back to 2016.
there has been little to report since the CE Mark was announced. Words of reassurance & promise but not much action ...
Considering the well credentialed Board at OSL I am not surprised the CEO’s time had come. Some larger shareholders would have run out of patience too. COVID aside you still have to perform. Non-performance is not an option.
Would be surprised if the Board has not got a lead candidate for replacement - and sooner than later.
Just another day month and year at OSL. Looking forward to tangible change in 2021.
Ann: Termination of Mr Daniel Kenny as Chief Executive Officer, page-14
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