sol leaves telstra, page-17

Wallsteeter,

Your comments are spot on.. I believe that the next CEO should come from within, as they have worked with SOL for 4 years and he/she must complete the transformation to achieve the 6/7 billion$ free cash flow..

Also, any new investment decisions, NBN or otherwise, must be earnings accreditve and of value to the company and it's shareholders.. There are a lot of analysts and Government Ministers trying to talk Telstra down at the moment, despite it's strong balance sheet.. It amazed me the markets reaction in dumping the TLS shares, when the big investors have taken other comapanies bad debts and decreased dividend on the chin and increased the SP..

If the Government tries to destroy value, as a pay back to the CEO and Chairman, all shareholders should unite and commence a class action against the Goevernment, because they fully privatised a going concern with strong assets and profits, not a lapdog for them and the ACCC.. Therefore, the new CEO must avoid becoming one..