PH and the Board cannot be held accountable for macro forces operating on the broader Ni market, but there's plenty of things he and the Board must own, like:
- Pushing the June 2022 STI KPIs by 6 month (to Dec) to 'curve-fit' hitting those STI targets (i.e. the trigger for the previius Strike 1). It was an astounding naked grab, imo.
- Spending money the company never actually earned on flash upgraded offices.
- Dialling-up the hype and over-promotion meter to 11/10 and then perpetually pushing back the self-imposed target dates when they got too close and refusing to own any of it. (Speaking from first-hand experience after challenging him directly on several occasions.)
- To name just a few...
What's done is done. We learn from it and adapt. Speaking of adapting, punters shouldn't forget to factor into their decision-making that Hallam, a current POS Board member, recently joined the HRZ Board.
PH and the Board cannot be held accountable for macro forces...
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