RFT 6.67% 1.4¢ rectifier technologies ltd

How is Pudu going to manage this mess.# It is important to...

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    How is Pudu going to manage this mess.
    # It is important to highlight that this management team from the CEO to sales to Technology has been entrenched for well over a decade.
    Their knowledge and insight of the company , its market and clients is not easily replaceable if not impossible in a short time frame.
    # Add the resentment, indignation and possible resignations of directors subordinates/other team members.
    # The resigned directors hold a substantial stake. Their combined holdings is roughly 150m or over 10% which is a blocking stake in a T/O & would disrupt Pudu's efforts at privatization....They will also cause major headache for the company with ASIC.
    Now management has made its stand .....We wait for Pudu's response......They are no fools & they will not wreck the company if they can not swallow it.
    We may have a role to play here on H/C if the matter in not resolved to our satisfaction.......we do have some weight.
 
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