ATM - A2 Milk Corporation Limited

[allfromacell]

As it mentions in the first line of the announcement this was already flagged in September, so nothing new to see here.

Edit: Looks like the Chief Technical Officer is also stepping down, I don't think that's been previously mentioned... Certainly a lot of changes in the past 6 months.

Just double checked and looks like the CTO was one of Jayne's hires and and hasn't been around long.. Perhaps Geoffrey's doing a cleanup.

[winner69]

As it mentions in the first line of the announcement this was already flagged in September, so nothing new to see here.

Edit: Looks like the Chief Technical Officer is also stepping down, I don't think that's been previously mentioned... Certainly a lot of changes in the past 6 months.

What about the Technical guy leaving

[pierre]

Perhaps it's now the old broom sweeping clean!

[winner69]

Perhaps it's now the old broom sweeping clean!

That Phil fella has only been there 9 months

Suppose Melanie will be next to be sweep away

[Dotbond]

Not sure who uses DirectBroking, but i saw ATM Sell price of 13.88 when the day was closing. Just about had a heart attack. It's showing 14.75 now. Must have been an anomaly in the system.

[couta1]

Not sure who uses DirectBroking, but i saw ATM Sell price of 13.88 when the day was closing. Just about had a heart attack. It's showing 14.75 now. Must have been an anomaly in the system.

Just normal match price swings before close, nothing unusual.

[Beagle]

Best to get rid of all Jayne's friends. Hiring her was fundamentally flawed, (as suggested by some dog on here right from the very outset), so all her hires are highly likely to be flawed so its up to Geoff to get the old broom and sweep away all the rubbish from the floor Suppose that involves more confidential settlements ?

[carrom74]

I hope Susan is retained as CMO. Wonder why she quit at the first place.Hired by Geoff and resigned during Jaynes tenure.
https://www.cmo.com.au/article/66857...-milk-company/

[Lewylewylewy]

Because of the nature of top level positions, you've gotta wonder if this clear out is due to targets not being met. Im interested to read the next report.

[Beagle]

Because of the nature of top level positions, you've gotta wonder if this clear out is due to targets not being met. Im interested to read the next report.

Share price is languishing when the market is close to a peak. One could make a case that's not a good sign but I am sure my friend Coutts will be along any minute to assure us $17+ is just around the corner My thoughts are that Geoff will have his work cut our getting rid of all the dead wood Jayne bought on board and the cleanout cost won't be without significant cost or disruption. Good stock to own long term though but still a bit above my assessment of fair value.