Shareholders should demand sacking of Peter Smedley and than sue him for negligance, CEOs are hansomely overpaid to perform.
Next step would be to push for a buyback a far safer, and simpler, method of improving earnings per share by reducing the number of shares on issue.
It was easy to run the bank and control (manipulate,retrench ) the pleb but so much different to deal with the educated and indepandant workforce.
On the brighter note there are some who belive that:
"the earnings revision could be too pessimistic as it was based on just one month's data (hospital admissions in March). JP Morgan thinks investors have over-reacted and the share price is now a bargain."
SYB
symbion health limited
