New Eroad chair surprised at value drop as company chases eRUC
‘The share price went up, and now we're actually doing what the share price reflected, and it goes down, so, go figure,’ says John Scott after share price slumps 35% today.
Eroad’s new executive chairman John Scott says he’s disappointed in the market’s reaction to the company’s announcements this morning – including his appointment, a $150 million impairment, and a change of priority from North America to Australasia – but he's confident the board is