Possible, gmac55. But probable? Last week The Australian...

Possible, gmac55. But probable?  Last week The Australian reported that Andrew Kroger lives in London.  London is closer to his US water operations than is Melbourne or Sydney. He spent only a brief stint as Cryosite chairman. Plus he was absent from a Cryosite AGM.

Given the above, I question whether he has the single minded commitment to engineer a takeover and then stay on to ensure its success over the long term.

Mr Kroger's stock broking background suggests he's attuned to deal-making.  One option might involve conferring with CHAMP Private Equity about coupling their two CTE stakes to a level approaching 6o% and then facilitating a deal with an acquisitive overseas or local operator with the vision to realize CTE's potential in the $1b clinical trials space.

Another thing: Andrew Kroger would be aware of moves by aggressive, innovative competitors such $UPS/United Parcel Service to expand into the Australian CT market on three fronts.

How will he/they respond?  Clues may emerge at the CTE AGM due to be held in November.