So Mr. Molyneux gets hired as interim CEO and within 3 weeks fires 50% of the corporate staff. (Annual Report at 152.) Was there really that much dead wood in the corporate office? If yes, Mr. Borshoff must have been asleep at the wheel for some time. If no, Molyneux is not doing shareholders any favors. Judging from the share price's movement since the August 21 layoffs, it appears that the latter may be the case.
So Mr. Molyneux gets hired as interim CEO and within 3 weeks...
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Last
$9.76 |
Change
0.785(8.75%) |
Mkt cap ! $2.905B | |||
| Open | High | Low | Value | Volume |
| $9.80 | $9.98 | $9.66 | $26.87M | 2.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 7304 | $9.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.76 | 5326 | 20 |
View Market Depth
| Last trade - 15.08pm 12/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |