Just finished watching the video. I sort of agree with you that...

Just finished watching the video. I sort of agree with you that Andrew didn't challenge Mal at all. It's actually interesting as I can tell from his face that he really wanted to challenge but rephrased and changed the tone in the end. I think he has faith in the company and also want to maintain a good relationship with the business.
To me, Mal seems to be a very representative and business focused leader with clear target and rational thoughts. He also acknowledged his mistake for initially setting the 3 year target based on CY, and explained the reason for the last dividend. He seems a very good leader in this industry and in this business. After this interview, I feel some uncertainties and doubts I had before have been clarified. I think I have more confidence in Mal and this business now. I did feel disappointed with share price and recent capital raise. But I guess I should be a little bit more patient with this small business and new CEO, as I can understand that it can take a couple of years to address some fundamental and structural changes in an engineering and technology company. At least we start seeing some positive results and a clear upside potential. I'll give Mal another 12 months and see whether he can achieve the next FY target.