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23/11/17
13:07
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Originally posted by Jonalanat
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Hate to rain on your parade, but the recent announcements concerning partnerships with other companies and the 2nd licence were presumably all the work of the previous managemrnt team, not the current one.
These things take time and the new management team hasn’t been in power long enough to have brought them all to finalisation in such a short space of time.
Also, the whole sector has been ignited again and the THC share price has been taken up along with most other MM shares.
The “lacklustre share price” that you refer to clearly was the result of the price being kept artificially low by unknown powers whilst other MM companies had no such problems to deal with at the time.
The new management team is riding on the coat tails of the previous management team’s deals that hadn’t yet hit the market when changes were made to personnel in the team.
It remains to be seen how effective the new management team will be in getting new deals made and keeping everybody happy, both internally and externally, in their dealings with the THC board.
Proper running of the company requires diligence and transparency, as I have said many times before.
I waited to see if this will be the case moving forward.
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I agree Jonalanat that current anns were mainly doings of previous management positions, it only makes sense.
I do have complete faith in the current board & management, the 2 additions in CEO David Radford & CCO Debbie Ormsby from pharma/medical & MC backgrounds seem very well qualified to further enhance THC's position in the sector.
Very good interview with CEO David Radford from other day here:
https://www.thcl.com.au/wp-content/...Alan-Kohler-Interview-20-Nov-Transcript-1.pdf
thanks