Frankly, I don’t think the Board takes any notice of what we think, or any short term consequences.
Their actions signify to me that they are playing a long term game - building a significant cyber security business in Australia / NZ.
So whilst I’d love to see a big short term uplift in the SP, I’m going to back the Board for the long term.
However, I agree with others - JC is a loss. And I do wonder if another joint CEO looking after the business and investor relations (acknowledging I’ve previously described their investor relations as a clown car) might be a good idea.
TNT Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held