OAK 0.00% 6.2¢ oakridge international limited

Ann: Former Intel Capital MD appointed & Company Update-XPE.AX, page-248

  1. 13,509 Posts.
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    Hey Trader - you are making the same error on the downside that you are critiquing about the upside.

    It is always 'sudden' when people leave. It's also common for people to leave to pursue other opportunities.

    If the reasons were more sinister, I would think Dr Sheng would have resigned as well. (But no, he is busy working up deals with Xped with a Tier 1 lighting company and a leading manufacturer of car audio systems).

    Sure its disappointing to lose her skills and contacts and inside knowledge of Intel but Xped was doing very nicely before she came on board and will, I expect, continue to do so after she leaves.

    As you should know, today's action says more about fear and greed on the market than what is happening inside the company.
    Last edited by vintage: 16/08/16
 
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