Be careful what you wish for. What do you think would happen to the SP if a notice came out tomorrow announcing NF had resigned? That’s without his inevitable dump of shares hanging over the stock until he decides to pull the trigger.
I’m no fan of NF’s performance as the head of a listed company, I feel he has misled shareholders. But the alternative is more uncertainty.
The company could manage a transition of leadership, but at the moment I don’t think they can manage anything effectively.
AVZ Price at posting:
4.8¢ Sentiment: None Disclosure: Held
