Mel, for any business, management would be more than half witted not to match their costs in proportion to revenue. Trouble is, lawyers whether listed, private, in partnership, with others, by themselves are renowned as a professional grouping in not knowing much about finance or accounting, liking numbers, or being told to control or manage their expenses.
They also typically don't like making changes, told to make changes, or told to cut costs, employees or expectations. That's why they need Houghton in control, supported by Millar as chairman / not an ex-retailer as chair, or a lawyer as MD. To date, those two have lost >$1B. Not too many can claim credit for that.
- Forums
- ASX - By Stock
- Going going gone
Mel, for any business, management would be more than half witted...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online