Got a reply from some questions i asked via the online contact us form on the arasor webpage from Scott Wilkie:
Heres the reply:
Hello Peter - your points are heard and well taken.
We have appointed a new CEO to investigate our supply chain in India (the majority of the AR), resolve an issues and collect asap. It is his primary focus. We of course will then avoid those issues in future. Second, he will be reducing cost immediately as our growth (295% last year) has come ata a cost.
He is also reviewing the entire business structure, culture and operations and is due to report to the Board then AGM on May 15th. As Williams experience as a CEO has been a focus on high margin highly profitable businesses we believe he is the right person to complete this process.
Thank you for your patience and email.
Regards,
Scott
- Forums
- ASX - By Stock
- looks in trouble
looks in trouble, page-23
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
Iggy Tan
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online