martin rogers - lighting another flame?

One of the key men responsible for lighting a flame under the Cellmid (CDY) share price is aiming to do the same over at Consegna (CGP).

That man is Martin Rogers.

He joined the board of Consegna six months ago - on September 1, 2012.

Things began happening. On September 3, director Rod Tomlinson resigned.

Next month, Martin recruited as a director British peer, Lord Simon Reading.

Then, in November, Brendan Fleiter resigned to spend more time addressing his responsibilities as a director
of Australia Post.

Some two months later - on February 1, Rogers presided over the resignation of executive chairman Fabio Pannutt and the appointment of Melboiurne marketing expert, Michael Johnson, as CEO.

Why did Fabio quit. One factor may have been that Rogers insisted he accept a 50pc pay cut.

Martin Rogers is a busy man. And he wears many hats. According to the 2012 Consegna annual report, Rogers is on the management committee of the national Breast Cancer foundation and is a councillor of the University of Sydney Physics Foundation and International Science School.

He's the former CEO, and current non-executive director, of Prima Biomed. And he's one of the most energetic directors of Cellmid.

Cellmid is due to announce a major CR tomorrow.

Today, Rogers ally, Michael Johnson, announced a one-for-25 share consolidation and an option rights issue to raise a modest $420,000.

At December 31 Consegna had a cash balance of some $283,000.

Rogers himself seems set to support the Consegna issue. His family trust, Structure Investments, has a modest 2.5m shares and 3.0m 3c options expiring on February 28, 2015.

Having climbed by 45% in the last week, value of Martin Rgoers' shareholding took a hit today.

It fell 16.7%.