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Ann: Appendix 4C December 2020, page-19

  1. 539 Posts.
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    Smilex i'm sorry but i don't agree with you!! I strongly believe that PP is the future of our company. He alone with the team assembled around him can do great things with our company. His role as i see it it to develop products with Jeff and then to sell them to the market with the aim to maximise our return on the use of our technology. He has my full support and i believe that he performing exceptionally well. Our issue is the level of communication from the Board to the shareholders. The Directors are appointed to act on behalf of all the owners of the company. How are the shareholders supposed to measure the performance of the company and the Board decisions when the communication is so bad. And of course the off shoot of this is if the shareholders continually believe that information is being withheld from the shareholders a trust issue between the Directors and the Shareholders starts to arise!! Tony Varano as our MD should take responsibility for the content that is included in our Shareholders Update. In my opinion the 4C issued yesterday was woeful and only the minimum content was included which left so many unanswered questions from the 4C.
 
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