Disappointing result,
- $5 million charge ( non cash) to the CEO remuneration change ???
- Performance in UK France Nordic showing green shoots but we got rid of our people in France and our agent in UK and Nordics have been consistently beavering away. What don’t they realise about consistency and staying the course to get the product established??? We know it takes time.
- Good progress in hospital emergency, and I believe they also got rid of that Salesforce ???
- The Magpie work was done way back in John Sharman days I remember him speaking about it and they are still just submitting it ???
How is a model “ capital light” with such an expensive head office staff, bloated board of directors and extra $5 million to the CEO’s package prudent when your sacking the foot soldiers. Not the MVP I originally invested in , still believe in the product but not the Board and Management.
Ann: FY24 Full Year Results Investor Presentation, page-3
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