ABC: "That loss in between and the dilution is on him"
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Strong words, ABC. Without knowing what happened behind the scenes. Maybe TM was assured by the operative guys, that a contract has been fixed. Maybe a "contractor " was trying to burn the entire company. May be a competitor was trying the same, by promising via a proxy a contract or a JV. .... Round about 1001 possibilities.... We don't know.
Don't overvalue the competences and possibilities of a CFO. Apart from that Mika did a good job, IMO. And Suresh and the Board seem to agree .....
So, ABC please hold the ball a bit lower