CAT 3.85% $3.51 catapult group international ltd

Ann: CEO Resignation and Transition Arrangements, page-49

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  1. 151 Posts.
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    So Holthouse is back taking on more of the load while search for new CEO starts. Some calling for him to take over. Remember he sold some 3.5m shares last year?! 
    In isolation these events can perhaps be dismissed but over the past few years..
    - new CEO, Just resigned.
    - new CFO, recently resigned. Both after only short stints in their new roles.
    - directors selling shares
    - prosumer division which they’ve invested heavily in not growing at the level they expected. 

    Serious issues when when you combine these things IMO. From memory they bought in Powell due to his experience in growing a global business as they felt 
    the ownership base while passionate about the company weren’t adequently experienced to get the company from a small start up to a global powerhouse.

    love the product, their global positioning and where the industry is going in terms of sports analytics but not sure how anyone here can have ANY confidence in management and whether or not the company can maximise the opportunity at hand.

 
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