Gee. Haven't you got a view on the wisdom of removing the only people on the Board with high calibre international experience?
Because that's precisely what we need instead of filling the Board with local yokels (remembering that nice as it is to have local talent, the reality is the markets we are trying to crack involves being able to broker deals with the maximum value, and knowing how to strategize that) hoping that a deal will just materialise....
It's great that the new CEO did a deal of $3mil for another organisation. But this is many orders of magnitude higher...at least I hope it is!
I don't think GC and RM have got the chops to do that do you? MS, not sure what skills he would bring to the negotiating table.
Now as a result of the negotiated deal, replacements must be Australian based? When you're negotiating deals with multinationals? They could have us for breakfast if we're not really smart. It happens all the time to wishful thinking Australian companies with great tech and stars in their eyes about commercialisation.
We really need high calibre people with demonstrated negotiation skills. Not sure with all the instability of people filing EGMs and firing qualified reputable staff like AS, how attractive ADO will be to anyone fitting that narrower band, now they're required to be Australian based.
On that note, who set us up with the Polaris ...outsourcing to an independent lab? I seriously doubt it was GC. It couldn't have been the current Chairman with his international credentials and connections, could it?
ADO Price at posting:
1.8¢ Sentiment: None Disclosure: Held
