Share
2,577 Posts.
lightbulb Created with Sketch. 762
clock Created with Sketch. 06/06/24
14:58
Share
Originally posted by HamishM:
↑
Dear WMHB, I understand Nick Ede resigned or was made redundant late last week, and departed employment the next day. Sad of course, for those of us that have been long term investors in IMU, and for Nick himself. If you have his mobile number, hopefully you can get in touch to gain a better understanding of what is actually happening with the B Cell science. This action by Leslie/Paul tends to support the proposition that the company is developing a cash problem due to run-away costs, or it maybe just be that Nick became a thorn in their side. I suspect that the leadership team are fairly "brittle" at the moment. On another note, my Telix shares recently traded up to $19 per share and the company MC sits in the high $5 billions. Comparing TLX with NEU and IMU over the last 10 years for capital appreciation gives 2,660% V 674% V 180%. These respective return performances are probably indicative of the respective quality of each of the company BODs!
Expand
How can the Head of Corporate be made redundant for an ASX listed company? He was therefore either terminated or resigned. Most odd we have not seen an announcement as his is a standard senior role and one that would be expected to see an announcement. Very curious.
