When you say no surprises Wombat, I assume you mean that it's a much more detailed presentation than the previous, hopelessly inadequate, MD put together. So you weren't surprised by the improvement.
And you are right Huggybear, these results are appalling, hence the need for him to go. They were under his watch.
What I like about this deck is you can see very a clear strategy emerging to drive the inadequate sales forward. A commitment to cost reduction. A commitment to expand the indications.
There's a lot of new info in this deck. There were a few rehashed slides but 6,7,14,15,18 and 19 all new and all about a clear strategy to drive the business forward.
The new MD is a quantum leap ahead of her predecessor. Dr Bains has put this together in her ~8 weeks in the job. We didn't see anything nearly this good in Mr Valencia's ~8 months.
Now Dr Bains will be judged on execution but this is a very good first step.
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