I have mixed feelings about this appointment. My first reaction was exactly as what Twin wrote above about Ferghana.
I like that we have someone that knows the business so their won't be the lag time you would have with an external appointment but at the same time I was also hoping for someone external because there are too many unanswered questions and perhaps an external chairman could have brought these to a head.
I hope John makes it his priority to rebuilt shareholder relations by doing a road trip and presentations as discussed at the AGM together with some more transparency about some of the things that occurred during the Diasource acquisition.
They also need to lay some expectations of what shareholders can expect over the next 12-24 & 60 months from the Anteo business. They have hidden behind the confidentiality cloak for too long and for their to be accountability at board level they need to have measured, public goals for both businesses otherwise the last 5 years and more mean nothing.
With his Bio listed in the announcement today it would be nice to see a show of confidence and make a purchase with his own $$$ if he is truly confident in the business and his ability.
Anyone heard about the briefings? Are they happening??
ADO Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
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