It's a public company, not a circus. They are playing with other peoples money. You stuff it up, you need be moved aside. That's just how it works.
Just like at Atomos as you'd mentionedd. Company was not performing so they moved on the previous CEO and CFO in January this year and replaced them! They have also had many changes at the board level.
Dan Miall is the CEO and he needs to be held accountable. He simply can not continue as CEO given the company performance.
John Dixon is the Chairman. He needs to be held accountable. This is BDT, not Australian Super and he's had more than 3 and a 1/2 years to have an impact on this business. Yet here we are...
Jamie Ambrose is the Chief Revenue Officer. He needs to be held accountable. Revenue is in the toilet.
Otherwise, who is being held accountable for:
Posting a yearly loss of $17 million??????
Starting a legal case that the company LOST and cost $8.6 million?????
Revenue decline from $38 million at IPO to $18 million????
Turning $48.5m cash into less than $15m cash????
The share price absolute DISASTER, falling from 65 cents at IPO to 6.3 cents???????
Of course people who got in at listing are ANGRY, what strange comment.
BDT Price at posting:
6.3¢ Sentiment: None Disclosure: Not Held
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