The point is much of the backlog can end up cancelled or deferred work, the board would know this. When a CEO suddenly resigns it is the boards responsibility to clarify the public company financial position even if it is one sentence to say the resignation is not related to a significant change in financial circumstances not already known or reported to the market.
I am a company director - it is not that hard
CDD Price at posting:
$2.67 Sentiment: Sell Disclosure: Not Held