Shame news came out today otherwise would be trading much higher. Instead down. Should be a blip and then rebound as think most large holders will prefer Geoff to Jayne.
Seems likely the board first became unhappy once she sold her shares months after starting and have been clashing ever since.
Sounds a bit like a coup with the old hands rising up to over throw the wayward newbie.
Great decision for the board to correct its mistake, implement a solid and safe pair of hands and move forward.
Jayne has probably done some good but too inexperienced at the top with some poor decisions around communication etc and as such was a risk.
Gives me confidence this company has matured and can be assertive. it’s going to grow and become much bigger and anyone in the way will be moved on.
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