Had a dinner meeting with ex ceo and ceo a few weeks ago.
He has packed up and moved to Adelaide for this job.
He was very happy at Cochlear.
He has no long term contract i.e. not locked in for any more than 6 months. So we can ditch him if need be.
His desire is to be with lbt for a very long time - for as long as the board think he adds value. He said; at the same time he will only stay for as long as he believes he will add value.
He is passionate about what lbt have done and about what he and the board want to do in the future - long term and short.
I am a long term shareholder and I looked him in the eye when he conveyed these points to me along with other long termers (substantial holders they were).
We are in good hands and have not lost Lusia - which he mentioned many times that we have her and all her experience as well as her influence.
Give him a break.
By the way- the 1mill shares will be $5mill before they expire-easily $5 mill IMHO
Get used to big numbers everywhere PEOPLES.
LOCK AND LOAD
Go LBT
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Price($) | Vol. | No. |
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