My sentiments exactly. Not sure what point @Ontoit was trying to make, but whatever it was it is hardly relevant.
The OLI board has ALWAYS had female Board representation of no less than 20% (Kathy Hatzis and then Amanda Robson). It has tanked under their watch. It hasn't really mattered who JG hand-picked or invited to be part of the leadership over the last couple of years - every choice has been a failure as the company has spiralled.
And the company is virtually worthless compared to where it initially listed. A 5% increase on "almost zero" is even less than "almost zero". Diddly squat. Even if the new CEO could add 5% to the company's value... all she is doing is reversing the last couple of days of trading.
The new CEO will need to do much, much, much better than 5% in order to justify the increased spending on her salary, in addition to the Board members all taking their $30K+ fees. So far, since the announcement of JG stepping down as CEO and being replaced by Ms Philips, the share-price has resumed its usual downward trend. And the sharks will continue to circle.
Good luck to all.
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