CEO and COO at the same time, gone in a day ... what did they do for the Board to adopt this risky approach?
I can understand them being replaced because of continuing Co underperformance, but to lose both suddenly on the same day leaves the operations exposed IMHO. Struggle to see how that is positive short term.
Also concerning is lack of proper explanation from Board for this sudden move.
Was tempted today but shall continue watching brief for the time being - like Cu and Sn exposure but would like to see new mgmt establish track record incl stemming cash outflow before buying.
CEO and COO at the same time, gone in a day ... what did they do...
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