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22/02/19
08:53
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Originally posted by Alex999:
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My read of this announcement is that the wheels are coming off. First the Founder and technology brains Anthony du Preez quits without much explanation. Now soon after the Chairman James Baillieu is strangely replaced by a nobody. James Baillieu is renowned in Melbourne as having immense talent and integrity, and my understanding was he was the driving force behind the success of BidEnergy since he became Chairman. So tin a matter couple of weeks the two driving forces of the success of the company have gone or been pushed out? That is not good sign. I've been very bullish BID but I am not anymore. Changed sentiment to SELL.
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I like the use of the word “nobody”! lol I checked his resume and this guy has tons of experience in the energy sector not to mention his work at EY and McKinsey and the work he has done in the US.