Tiger,
Well, now, that's the thing, isn't it?
Why does a CEO depart, without any explanation, just before year end?
According to their website, he's 42 years old, so I doubt that he's retiring.
They are due to announce their year end dividend within two weeks. They have been deadly quiet throughout the credit crunch. They have committed to a record development program. They have made extensive use of the overseas commercial paper market, in recent years. They have maintained their dividend via asset revaluations.
Finally, they have the disadvantage of Gobbo ramping them.
Why, indeed, does the CEO depart now?
Tiger,Well, now, that's the thing, isn't it?Why does a CEO...
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