Peter Baines (manager of the mobile radio division) resigned and is leaving today (https://www.nzx.com/files/attachments/209291.pdf). Not sure, I like the picture ... sounds like leaving without notice. Peter has a lot of mobile radio experience and I've seen him as some sort of counter balance to David Ware. Anybody left in the firm who can protect David Ware against himself??
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Peter Baines (manager of the mobile radio division) resigned and is leaving today (https://www.nzx.com/files/attachments/209291.pdf). Not sure, I like the picture ... sounds like leaving without notice. Peter has a lot of mobile radio experience and I've seen him as some sort of counter balance to David Ware. Anybody left in the firm who can protect David Ware against himself??
Best to get back into this stock when Patsy and Sir Paul re emerge as substantial holders again. Maybe after a future placement?
Ultimately everything has a shelf life...a well stocked fridge will always fluctuate from empty to full. We are merely ham sandwiches biding our time. (Aristophanes third volume chapter VII.)
Oh dear another investor who has had enough of this sinking ship. There's every chance this company can sink further, there's just so much debt..
Could be the guy who complained about the declining share price at one of the companies meetings after having bought in at $2.80 ish and holding around 600k worth of shares from memory, hes obviously not worried about getting the best price he can by dumping such a big block on at once, more likely to drive the price down further as others jump ahead with their minnow sell orders. Disc- Still holding my 20k block.
Originally Posted by bung5
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