How often has it been shown that offshore expansion failed because too high a price was paid, justified on the basis of unrealistic revenue/profit projections or because they were just plain dumb. Critically however the moves bought more time for Execs to try and pull an houdini act and line up their next gig whilst the cards imploded.
Great post ohallen, says it all!
What's that old saying,... "a picture is worth a thousand words.."
and to think the current board endorses Joyce to stay in his job. Corporate Australia is sick as is this current lot in Canberra.
