By Steve Moore | Wednesday 10 February 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having followed an August update that “market conditions in the year ahead will remain challenging but, based on the existing contracts and continued client interest, the directors remain optimistic for the future” with a November warning that “there remains considerable uncertainty about the state of the market and… accordingly we believe the year ahead will be trading substantially below current market expectations”, Getech Group (GTC) has now announced that “Raymond Wolfson is stepping down as Chief Executive Officer and director of the company with effect from no later than 31 July 2016”…
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