Rickaroonie, yes this board is a mess, the company’s in crisis and who knows what they’re doing to fix it and as much as I love to see people squirm, that doesn’t really help us shareholders.
I’ve been going back over years of posts, and it seems at a time their was a push to get TC off the board with at 249d then it just stopped. Can somebody enlighten me on what happened there?
There was also a lot of mention about putting shareholders on the board. Do we have people in our ranks that could help- would they be people who can raise funds, or know the technology and industry? If we do, why not a new push to get them on board and maybe plug the leaks in this ship. If not, what would really change?
I do also see a lot of love for Colin Iles, and maybe it’s only because I’m catching up now, but can someone explain this? In looking back over APG announcements since he’s been made CEO, all I can see is mostly cashflow reports that show APG bleeding funds, cut and pastes from previous announcements, some management dispute he can’t seem to settle, the loss of the only major thing APG had- the plant in Newcastle and agm votes that needed to be fixed. Maybe I’m missing something, but could anyone with a deeper knowledge fill me in on what he’s bringing to the table?
I really don’t know how a company cannot answer those queries from the asx, and as enjoyable as it is to watch the board have to pay the piper, it really looks like us shareholders are never going to see any real growth in this company. They can’t even answer questions about the past, do we really think any of them have a handle on the future?
APG Price at posting:
0.2¢ Sentiment: Sell Disclosure: Held
