Last week, ILX Group (LSE:ILX), the AIM-listed provider of e-learning software and business training, announced the shock departure of long time CEO Ken Scott. And this week we have weakfish interims and news of a restructuring. It is all coming rather thick and fast but suggests that 29.9% shareholder and new executive chairman/interim CEO Wayne Bos is acting ruthlessly to turn this ship around. His interests are aligned with those of other shareholders and he has a good track record. Should you back the Bos despite the admission that half year numbers were “disappointing.” On balance there is a case to be made, at a share price of 10.125p, although, as I discuss below, it is not 100% clear cut. This has been one of my worse share tips from t1ps.com and I apologise The issue is what next?
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