KDY 0.00% 2.7¢ kaddy limited

Ann: Management Change, page-281

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  1. 244 Posts.
    lightbulb Created with Sketch. 26
    He basically stumped up 200k with the back door listing. his company was worth jack before and after. All he has done, was complete his KPI's for his performance shares and now has handed over a cash exhausted company, he screwed the owners of Partons, LT holders and rewarded the owners of Kaddy, but time will tell the true story when he buys them back for 2c in the dollar along with the major shareholders. (Kaddy owners) offers a settlement to the banks and holds onto the most profitable parts of the business. Its been done time and time again in the past. He's vacated for another reason. Mike Abbott will stand down next. Watch this space closely.....DT is a shark and is as dodgy as they come.

    Cast your minds back to all the garbage he told us during his quarterly updates....bottom line this company doesn't generate more than it burns.
    To all current shareholder, cut your losses and move on.
 
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