I dont agree that Harry is a dead man walking , I think he now has a short term mandate to get the restructure fast tracked and actually could come out of it a champion if the company returns to profit .
Price has put the pressure on , and if the restructure slows or the PE piranhas return at their 9c offer he will be back , and this time i suspect he would be successful
I expect we will see another asset sold quite quickly and Boon and at least Catermole will buy shares to show they are on board with shareholders.
As far as the CEO goes he has been with the business 16 years and hasn't got equity , i think he has a very short leash , or he will be the dead man walking , and maybe Harry will then go to Price to take on the exec role and return this former big cap to a reduced glory .
If I see 9c I will be an aggressive buyer .
SRS Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held
