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Old 8th May 2004, 21:47
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belowMDA
 
Join Date: Aug 2003
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So with other investors bringing money into OPAL does this mean that RI's shareholding will decrease and if so his control over the company? I have heard that his management style is "My way or the highway" which may explain the huge turnover in lower managers such as marketing, is it 13 since they started?
The loss the company has acknowledged is 12 mill but RI has pumped in 16 mill of his own over the last 6-9 months (even before QF pulled out of the codeshare) so the real loss is in the region of 28 mill. I personally hope they get some goodpeople in there who will make the staff happy and the company productive.
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