at last, page-31

Problem is that APG is not in a position to to call any shots.

They desparately need Kronos and so will be forced to do what they are told.

I have said all along, why are these directors not incentivised? Why are they issued partly paid shares each year at a discount to the market price?

Where's the carrot? WHy not issue performance options with an exercise price above the share price?

Many here jumped on any comment made by posters who disagreed with them rewarding themselves with no hurdles. Sheep blindly following without questioning.

Unfortunately there needs to be a share consolidation which will lead to further share price destruction. These guys may well go under if Kronos decides to move on. Kronois probably know that and are more than happy to see the share price continue to drop away. Maybe they will pick it up for 3c per share if it falls below 2c.

MT has given up total control. BHP are not interested unlike many here think. They have not participated in a placement for years and are only there because it is really worth nothing and they cannot get out.

It is sad, however, as i have said all along, this company needs a change before it is too late. I fear we are getting to the point of being too late.