Theory:
Note that Nero have been a big seller recently and seemingly were unhappy with TPD strategy.
Our old chair Doug Jendry is a listed consultant to Nero.
Perhaps his retirement from the board was resultant from some dissatisfaction with how things were going.
We then needed someone and if there was already an understanding that STX might be coming, Columbus was the guy with experience.
If you buy the story that this was coming a long way out, which I think we both do, then these pieces fit together.
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