sager
It is an excellant product which was the vehicle for the companys original success and float on the asx
But like all products it had to keep up in inovation and technology and it had to have ongoing exposure to the industry. While Langely was there that is what was happening.Lange let it slip.
Lange was brought on board as he appeared to have the experience and drive to promote the company further, beyond what langley could do as he himself has stated today.
They used to hire a dive boat then they bought their first and a company and on it went
Unfortunately, they had a difference in opinion on the companys future and strategy.
After he left, a couple of jobs went wrong because the people who took over didnt know what they were doing.
Lange had grand ideas of building an all singing all dancing marine empire a clone if you will of his previous company Schlumberger
From the onset he stated publicy and at an AGM that
HE intended to be a pain in the backside to the industry.
Some read that as to mean he had an agenda to be bought out at some stage and all the aquisitions were part of that plan.Failing that, he just wanted to be an admiral of a fleet
But as i suggested a few months back he had become an Admiral alright, but an Admiral Nelson looking through a dodgy eye and an ego bigger than his capabilities.
The board allowed this to happen and thats why more heads have to roll.
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