The current board have indicated that they will search for a CEO - and a Goodman Fitt board would likely do the same.
Either way this has the potential to totally change how the company operates regardless of which side is behind the appointment.
So I do not agree with any suggestion that we will have more of the same if the current board remains - in the scenario where there is a new CEO.
And lets face it Cairns and Kajjan Chen have only been directors for 10 weeks - hardly time to have any operational impact that we would have noticed.
All I'm saying is that there will be change under both scenarios - the questions is which provides the course of least risk and/or better reward. I have no idea!
I think we will have a depressed price now for a while given that a cash raising has been flagged - plus I believe the markets are about to tank.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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2 | 7471 | 0.120 |
1 | 34652 | 0.115 |
1 | 8257 | 0.105 |
2 | 16500 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 436405 | 2 |
0.135 | 66416 | 1 |
0.140 | 14886 | 1 |
0.145 | 77344 | 4 |
0.150 | 375114 | 4 |
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