SUM 6.90% 15.5¢ summit minerals limited

You would think a new CEO would have the wisdom to not back...

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    You would think a new CEO would have the wisdom to not back himself into a corner off his first comment to market.
    If you prompt your shareholders for a positive Christmas period, one would think that, come January, your credibility is in the toilet if nothing eventuates.

    Unless trying to push price up ahead of a CR, I can't see any reason why a CEO would make such comments that could be proven to be false in a matter of weeks.

    As such I back Gower in to deliver. Anything else would be world record speed loss of credibility for a new CEO. Anyone of moderate competence and foresight could avoid that, nevermind someone with the capabilities to land a CEO gig in their specialised industry.

 
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