'Monash is preparing its announcement with core people in place and cheap shares accumulated.
Management will have a much easier job convincing shareholders tomorrow to approve additional bond extension if CSI has shown its commitment.'
But Serges, this is my point. Where is the evidence that 'CSI has shown its commitment?' Where is the announcement that says Moanash (or whoever) has committed? Why are shareholders paying for Arup while 'buddies' are picking up cheap seats?
The logic is astoundingly stupid!
appointment of non-executive director, page-23
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