ATM - A2 Milk Corporation Limited

[Blue Skies]

https://www.shortman.com.au/stock?q=A2M

65m shares shorted - 7m more than when ASM sent a rocket under the stock.

What are these shorters missing or are we missing something?????

Did we just find the answer?

[Ggcc]

It does seem like she is in a rush to get out though. Maybe her marriage was on the rocks or something else quite serious?? I do wish her the best on the way out and I hope they find someone who understands the role will be challenging with travel demands

[dobby41]

She played a blinder there.
Give her lots of shares to cover the lost bonus from her last job and then she leaves.
Well done to her - badly done by and for the company.

[Balance]

I think they could have worded this better

The Board of The a2 Milk Company Limited advises that Managing Director & CEO, Jayne Hrdlicka, has agreed to step down from her roles

It does seem like she is in a rush to get out though. Maybe her marriage was on the rocks or something else quite serious?? I do wish her the best on the way out and I hope they find someone who understands the role will be challenging with travel demands

Has agreed?

Something does not smell right here - it sounds like the Board is unhappy about something regarding her performance and required her to leave.

Feeling rather shaken by the surprise announcement, I must admit.

[couta1]

Has agreed?

Something does not smell right here.

Feeling rather shaken by the surprise announcement, I must admit.

I find this snippet in the Herald interesting "It is understood there may have been concerns about the direction the company had taken under Hyrdlickas tenure and her interaction with key stakeholders"

[sb9]

Has agreed?

Something does not smell right here - it sounds like the Board is unhappy about something regarding her performance and required her to leave.

Feeling rather shaken by the surprise announcement, I must admit.

Same here, had to read the statement few times to fully digest the news....

Anyway, in all fairness if there are genuine family/health reasons we can't blame her as she need to what's right for family and good luck to her.

[Sideshow Bob]

Wowsers! Didn't see that coming!! It is a worry to see a CEO leave so suddenly and after a very short term - and don't know what to make of it.

Wonders what that means for her minions she bought in from One-Star Airlines??

Great to see Geoff back in the drivers seat however! Buckle in, might be going through a bit of turbulence today!

[couta1]

Same here, had to read the statement few times to fully digest the news....

Anyway, in all fairness if there are genuine family/health reasons we can't blame her as she need to what's right for family and good luck to her.

Those reasons look like a smokescreen, key players were not happy with direction IMO.

[sb9]

I find this snippet in the Herald interesting "It is understood there may have been concerns about the direction the company had taken under Hyrdlickas tenure and her interaction with key stakeholders"

Very interesting snippet indeed and if you're shareholder the sp has gone nowhere in last 18m, in fact its gone backwards momentum wise.

[Balance]

I find this snippet in the Herald interesting "It is understood there may have been concerns about the direction the company had taken under Hyrdlickas tenure and her interaction with key stakeholders"

No hint of any dissention at the ASM which was all of 3 weeks ago.

I have a most uneasy feeling that the Australian institutions are going to come out swinging today.