Today is great example of what good management can provide a...

Today is great example of what good management can provide a company such as CVN.

After several years of negative news coming from the company related to write downs, poor integration management, debt issues, potential capital raisings, infighting between Directors etc etc, we now have steady hands on the rudder.

Bob Mansfield and John Ho are successful business people and their experience has shown today. No fire sale of NZ assets, positive debt refinancing, confirmation of no need for CR, and a strategic directive to growing the profitability of the company.

The respect of the business/investor community for Mansfield and Ho is on display today because the share price has gone green following the announcement ............... which i expect would have been taken negatively if announced by previous management.

Now, we need to see an experienced and knowledgeable CEO appointed.