For any organisation, succession planning is beneficial for just this reason. It must be able to prosper and grow without one individual being able to speak for the entire thing.Archer has brought together a collection of talented individuals who are presumably now more aware of the daily operations of innovation then Mo is. I believe that the value is not in a single person, but rather in the experience that has been brought in over the last few years. Now, others have the chance to take the lead in communicating AXE objectives.
Mo has six months to relinquish control. If there's no quality news flow on our tech-material, I'd be surprised. Otherwise, why would he hang around? He wouldn't want his legacy to depart from AXE without something of quality that re-rates the share price. After all, that will tarnish his legacy.
Therefore, I’m more excited for what is to come.
AIMO, DYOR GLTA(patient)H
AXE Price at posting:
36.0¢ Sentiment: None Disclosure: Held
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