Hi there, sorry just seen your post..
I have a keen interest in the education sector both in Australia and NZ. This company particularly tickles me from when this was originally floated. The due diligence meetings into Quantum and the other schools were carried out with a fine tooth comb by very respected companies. Nearly 2 years on this concoction of CEO and his minions seem to be passing the buck all over the place to prevent themselves looking fool hardy. The sales and outcomes need to be explained a little clearly by the CEO. As it was these figures (surely) were scrutinised with a very fine tooth comb before the float and purchase of the said colleges occurred. I personally do not think he can explain the outcomes. Because of his incompantance he blames the last owners of Quantum, the dive school..etc.(apart from the very sad death at the dive school). - who incidentally had not failed a government audit or had any misdealings over the many years they ran the company before the float...(according to records of the due diligence). I have also heard amongst the grape vine there are several private prosecutions against the CEO for "bullying" of senior staff members...this is hearsay so don't quote me...but if it is true be interesting to see the outcome of these "hearings" ....as they say "the plot thickens"!
Hi there, sorry just seen your post.. I have a keen interest in...
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