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Yes that has put me ELCO as well.Don't think seriously high calibre people will fancy working there. The obvious exception is probably Dart where Meeson runs the show as Exec Chairman but it has been a star performer.

If i was ever thinking of investing in SIM I would now avoid at all costs. What utter drivel. Is the author of that tosh American?

I seem to recall also the then ceo of Carclo piled out of the shares near the all time top -left a very unpleasant taste. Shares got to near 500p from memory and don't look like going back there anytime soon.

I have just checked and the ceo is apparently the son of the founder. A recipe for disaster. Clearly he can do what he wants. Might explain why the share price has collapsed. Strange-I thought he was doing a good job when the sp was 150p!



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