SOM 3.57% 43.5¢ somnomed limited

Ann: Trading Halt, page-15

  1. 1,700 Posts.
    lightbulb Created with Sketch. 169
    Agreed and I am not surprised given the qualifications of the board - none have experience in medical devices.

    Russo (Chairman) comes from Kmart.
    Corlett comes from finance.
    Gordon comes from furniture retail.
    Flitcroft is a career company secretary.

    Then you look at the co-CEOs. Blickstead has no experince in the medical devices. Borg on the other hand has had experience earlier in her career but she has been out of the industry for a while.

    Is it any surprise that this board wasn't on top of the US reimbursement last year? Or that they weren't on top of the manufacturing this year?


 
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