For me, the elephant in the room is China.
The lack of transparency has made me very sceptical.
Without a successful China business FOD will go nowhere.
Moreover, I do not see how the new CEO can have any material impact on the China business whatsoever. That can only be done by being full time in China on the ground by someone who has lived and worked in China for many years and can speak the language.
It is clear to me that he has been employed for the Australian business alone.
The recent communication was so void of detail one cannot help but be suspicious.
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