A CEO of the calibre of Jeff Ellison will be hard to replace.
Worst case scenario is an appointment from outside who decides to go on a buying spree in order to make his mark on the company.
The share price has fallen quite a bit over the past six months in a rising market. Is there inside info that the search for a replacement CEO is not going well? It is hard to see there being too much problems with the business. Parts of it have good moats around them. The Fraser Island business was reported above expectations and the opportunity remains to develop the resort management aspect of the business, springboarding from Fraser Island and Kangaroo Island resorts.
Or is the share price fall due to an overshoot as people realise the takeover bid has sailed off in to the distance? In which case it is good buying time.
A CEO of the calibre of Jeff Ellison will be hard to...
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Last
$5.11 |
Change
-0.090(1.73%) |
Mkt cap ! $1.378B | |||
| Open | High | Low | Value | Volume |
| $5.09 | $5.16 | $5.06 | $1.893M | 370.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5704 | $5.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.13 | 1875 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| KLS (ASX) Chart |