Originally Posted by
Entrep
I've been trying to work out if the SP would be higher or lower if Fellet was still in charge. Any opinion?
I think it would be higher than it is now were Fellet still there, and in a decline, but a slower one.
Stewart is making the tough decisions and has brought on the pain earlier than would have otherwise been felt under Fellet. He's doing what needed to be done to try and ensure long term survival and success (and eventual upward trajectory again).
But then again they say SP is the best indication of a company at any given point in time, so what does that say about Fellet v Stewart if my hypothesis is correct?