Ann: Isentia H1 FY19 Results and Strategy Presentation, page-57

ISD had no leader for five months, no CIO/CTO for six months, last half year was the tough one.
It probably would be one of the worst time for ISD.

It's not cheap to hire those high profile management team, but would be worthwhile.
I really like their three year growth plan (FY20-FY22), that might be what Gilead Capital wants and the way they could recoup their $25m paper loss, imo.

Growth Target:

Revenue: Compound annual growth rate in ANZ for FY20 - FY22: 1 - 3%
Compound annual growth rate in Asia for FY20 - FY22: 5 - 10%
EBITDA: Compound annual growth rate for FY20 - FY22: 10 - 20%

If new management team achieved the targeted plan:
EBITDA for FY20 - FY22 would be: $25m; $29m; and $33m.

Let's wait and see if they can deliver the results.