Being the boss of a listed company is a tough gig and Glenn...

Being the boss of a listed company is a tough gig and Glenn Gilbert lasting 5 years actually had a relatively long stint. No big payday though. Obviously I have no idea of the internal machinations at Rhythm nor where ColoSTAT is in terms of commercialisation. Of course GG will not be writing the history of ColoSTAT and the TGA, nor will he be writing the quarterly, that will be Otto's privilege. Otto has been very hands on with Rhythm so whatever blame he has to share around he will have to take his fair portion.

In hindsight I suspect the wheels really started falling off the the ColoSTAT application in around December last year when one long-term director resigned, Otto sold down a bunch of RHY so as to all of a sudden balance out his portfolio, Rhythm took on a second kit manufacturer and GG reported that the folks at the TGA "liked" the product (apparently it has a nice personality).

Anyway let's see what the quarterly delivers: whether we've been merely winged or are a headless chook that has been flapping around for the last couple of months.