I am not sure he does have experience in this space but the Ex MD steve Moncur definitely does ( i believe he was operations manager for our biggest competitor..natys), he is now in charge of product development..and is probably the leading guy on the planet with regards to this. Our competitor has grown 500% in the last 3 years i believe (DYOR).So the space is there to be grown. The new MD has been brought in to consolidate the team and lead us into new networks worldwide. A huge amount of research has been undertaken by the ECQ team re green marketing ( led by Stewart Pryah) and I am fairly confident we will see this develop into a dominant position in the disposable green NAppy space worldwide. Lets hope we see a major distributor come on board very soon now we have the right MD to manage the team and operations both in Australia and internationally!
ECQ Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Held