In his role as a chief executive, he should have been aware of what's been happening. With his departure there's a greater chance that the company will not lose its monopoly position.
More Quotes from Paul Xiradis:
I'm still backing the miners to outperform because there's no let up yet in the commodities boom. A lot of the good news about demand from China may be understated and you'd have to think this rally has some way to go yet.Paul Xiradis
Commodities are still looking strong and brokers continue to upgrade their numbers. It presents an opportunity to buy.
Paul Xiradis
It's an extremely profitable business model. They have carved out a very good niche, being among the first to identify infrastructure investments such as toll roads.
Paul Xiradis
It has certainly thrown a spanner in the works from their (News Corp.'s) perspective and it is something that needs to be taken reasonably seriously.
Paul Xiradis
The competition in New Zealand is very, very intense, so we've seen a fair bit of margin compression and also the quality of its book in New Zealand has actually deteriorated as well.
Paul Xiradis
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