Wow, new CFO not joining the company on the basis of uncertainty...

Wow, new CFO not joining the company on the basis of uncertainty for the role due to the discussions underway regarding the potential acquisition of ISU, with another executive playing a fill in for the CFO role for the time being.

Looks like a transaction being forthcoming is very realistic given they're essentially in a holding pattern for key executive roles you would otherwise require the company were to remain a standalone listed business.

Good to see the updated EBIT guidance holding as well, that should provide some good support to the SP that no further deterioration of the business has occurred in the last 2 months.