If it were to ever eventuate there is not too many better to advise and steer the company in the right direction.
Just the fact he has chosen to come on board points to this being a real possible outcome.
Seems a very capable appointment in the M&A field, proved it again today with finalisation of corporate travel management and Helloworld $100m deal that would have been structured with his advice and oversight.
Plenty to like about this appointment especially if as it seems battery collaborations are getting to the pointy end of testing and into the pay to play realm.
The big players in both diagnostics and batteries will wipe the floor of minor players in negotiation without the right advisors guiding them.
Hoping for a merger or SPV setup as would love to see the tech and future battery manufacturing stay and grow in Australia, to become a massive future industry.
It’s almost a no brainer the minerals and raw materials are mostly here already, the miners are here, the uni’s and private tech companies are here all that’s missing is the refining and manufacturing along with some government support to pull it all together.
Surprised a new battery development industry is not getting more air time as an election policy, but not much surprises me with lack of foresight by our political elite anymore.
If a diagnostics player wanted to gain sole access to the tech it could also be on the cards so it’s not just batteries where this will be relevant.
Very pleased with this appointment and feel a little more comfortable about not getting taken out by a low offer by a major now.
Interesting few months ahead.
GLTA
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