NXS 6.67% 24.0¢ next science limited

Thumbs up for your optimism, koro.My only peev with Mr Voelte is...

  1. 30 Posts.
    Thumbs up for your optimism, koro.

    My only peev with Mr Voelte is the way he announced his arrival at both Seven & Nexus as "favours" to his friends within those companies (Kerry Stokes & Lucio Della Martina respectively). I hope he lives up to all the high expectations, but I have my doubts about him sticking around for very long. He only began his role as MD/CEO with Seven 5 months ago and is already rumoured to be leaving. These corporate types don't work for charity and most of them are allergic to "long-term" commitment. Don't forget that SWM shares were trading at nearly $4 earlier this year, and were still above $2 at the time of his appointment. Therefore, I can't imagine too many shareholders are getting excited about seeing the SP skyrocket to $1.30 these past few days.

    BTW I don't mean to sound negative...I'm just very skeptical.
 
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