I don't mind Celeste, its simple synergies / economies of scale. Being CFO doesn't require as much operational understanding so I'd suspect the decision of 2 into 1 doesn't work so 1 will go, either CFO of UNV or CFO of TER.
Tony IMO is an excellent operator, gone down a bit in my thinking due to the cave and sell shares and not tell holders issue but that doesn't change is operational ability of what he has achieved for UNV over the last 10 years. I truly hope he stays around.
The biggest concerns I have with TER still are the debt levels and ability to service that debt in a downturn.
UNV Price at posting:
15.0¢ Sentiment: None Disclosure: Held
