Trans Hex chief loses lustre thanks to battered share price
Delport had a long stretch with the alluvial diamond miner, but they clearly lost faith in his strategic direction
Is it fair to judge a CEO’s time with a company by the performance of its share price over a protracted period of time?
The CEO essentially sets a company’s strategy, with approval from the board, and then implements it, updating the company’s directors regularly on progress.
It’s with that in mind that the announcement from the struggling alluvial diamond miner Trans Hex is of particular interest...