IBA iba health group limited

damning audit report, page-11

  1. 867 Posts.
    Hunter, as you know its all about risk/rewards. I can understand you having some misgivings re Lorenzo, given the troubled history. As mentioned before, I breathed a big sigh of relief after the Chairman said there were no 'showstoppers' for the Lorenzo rollout.

    I also took some 'comfort' after reading the audit report. They didnt really blame Lorenzo product as such but the complex requirements which apparently were not factored into all stakeholders' calculations when the project was first conceived. Is it any wonder there has been a delay when the goal posts are constantly shifting.

    As someone else posted, I believe uncertainty re Lorenzo is holding back the shareprice. The Chairman went some way to addressing those concerns. But there has been a lot of talk so I guess the market wants to see action.

 
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