I couldn’t agree with you more. Semi retired is obviously the proxy for RM and FC.
Let’s not forget the reason the finances were a shambles is partly because RM and FC didn’t take up their entitlement in the CR to purchase Diasoure. Also, let’s not forget RM was the CFO at the time so one would assume was key in the acquisition and financing arrangements.
Imagine him back on the board, that cash in the bank would be gone in no time, related party payments and “consultancies”come to mind...
The lack of funding due to CR shortfall led to Bergan and along with the FC loan shares being dumped on the market tanked the share price.
Letting these idiots back in charge would be a complete disaster. I can’t believe they think we will forget what they did to us poor shareholders in 2015/16.
Keep them as far from the board as possible in my view.
ADO Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
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