Ann: Executive changes-PEH.AX, page-21

Difficult to know whether to re-enter this given it's 'cheap' SP. Circumstances surrounding his departure are unknown. Was the CR disaster the last straw for some? Without a captain, the ship is treading water. I've witnessed the SP sit at 12 month lows on other stocks whilst a new captain is sought and implemented. Admittedly it was a biotech. Even so, I have also seen the captain pushed out and replaced on the same day with someone new. That was a tech stock which took 6 months for the SP to get off the lows. PEH stated over coming weeks.. maybe a good buying opportunity as a 'sleeper' but there is money to be made elsewhere in the meantime.