The 99-year-old major shareholder in ailing retailer Godfreys is an optimist by nature.
John Johnston lives quietly in an upmarket retirement village in a leafy inner-city Adelaide suburb and still keeps a large boat, a reminder of his other great passion in life besides the vacuum-cleaning business.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com