" I think the team are doing everything humanly possible to achieve that objective."
Well if they are then they have to go because look at the scoreboard. Every possible indicator says they are not achieving that objective. They are only a team because they fit in to the same trough. Perhaps they are doing everything possible to achieve that objective but that depends on what "that objective" is. If it is to obtain expense accounts, disproportionate salaries, perks, performance bonuses, longevity with impunity in their positions, etc. then one can say they are actually ahead of possibly their own expectations regarding their objectives.
"I will lose faith if I see some of those quality people on the board/executive decide it is time to go"
In fact I lost faith because "some of those quality people on the board/executive" DID NOT go!!!! Only the good go young at Newsat.
It would be one small step for Newsat but one giant leap for our prospects.
If it doesn't work stop throwing money at it, stop persevering with it, stop pretending it isn't there, stop trying to beat it up, and FIX IT. That is the only professionally and morally responsible course of action. If it works don't try to fix it BUT if it doesn't work - FIX IT once and for all.
The turnaround, or probably at this early juncture, temporary reprieve to the hemorrhaging, is encouraging and should be immediately built on with some good news [almost anything will do] to support the rally before it runs out of puff.
Newsat, despite all efforts to the contrary by those who hold the purse strings [both here and overseas] is not yet on life support but we aren't far off it. A long way to go even though but it all comes down to the next 2 - 4 weeks.
GLTASH
NWT Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
