I am assuming that is how they play it, sure they cant be held accountable but if they are shown to be using shareholders funds illegally than what is to stop shareholder holding them directly accountable, or go at one of brewers companies or trusts, seems way too easy that they can just walk away, and i am not sure why any new directors in their right mind would walk into this, they must be getting some sort kick back to put up a brave face and slowly watch it fall apart, keep an eye on them they may well pop up again in one of Brewers pump stocks that will come out in the next 12 months, watch for the same HC pump it gang that follow him around as well. interesting to note that Brewer also left VEC in a similar time frame with (job done) as his reason for leaving what an absolute wanker, suck as much out of a company as you can, then walk away and send in the sacrificial new directs to take their salary until the company is broke, VEC has not put out any quarterlies for 2019 so you can bet that if this does come out Brewers trusts, consultancy firms and PR companies will all still be getting cuts of what money they have left. it appears that over the life of WFE 10's of millions of dollars has been used up, and the company accrues 9 million dept in a year they were fully suspended for?
- Forums
- ASX - By Stock
- WFE
- Ann: Annual Report to shareholders - FY2019
Ann: Annual Report to shareholders - FY2019, page-19
-
- There are more pages in this discussion • 157 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online