VMT 3.70% 13.0¢ vmoto limited

The current board have indicated that they will search for a CEO...

  1. 1,233 Posts.
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    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.

    sents
 
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