while we are waiting

Found this this morning from BRW a few weeks back. Interesting insight into Con's view of public vs. private.

NEWS
7:31 AM Oct 23, 2007
print articleA tough sell
Source - BRW

Despite being a sector that is attracting a lot of attention as a result of climate change, many environmental firms are poor stock performers. Their market value is often less than $A10 million, and their share price tends to be very volatile. Some, in hindsight, may have been better off remaining private, a view that Con Galtos, the MD of Environmental Clean Technologies, certainly shares. He says that if he had been with the company at the time it listed on the stock market, he would have advised it to remain private. He says there are less pressures on private companies to develop products unnecessarily quickly