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Shareholders Action Group announcement:, page-32

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Pseudo19

572 Posts.

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29/07/23

15:45

Post #: 69055136
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Originally posted by camban: ↑

The Company Secretary isn’t being replaced as he is not a director. And the former FFX CFO, who oversaw the company’s finances and managed the Leo demerger, is a member of the substantial holder group that has initiated this 249D process.

A forensic unwinding and examination of events since, an assessment & restructuring - or complete abandonment - of any “deal” a.k.a. “The Process” (!), and continuity with ASX listing rules & ASIC processes to wind up this effective shell and distribute the assets is quite achievable by an incoming board even after all of the current directors have been sacked. There is no “business” being run here.

Some of the apologists for the mediocrity that directed us into the position that we are in here today increasingly look like insider/PR stooges. “The Process” here is at least unmasking a few of them who lurk on HC.

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It’s worth noting the company secretary is a business associate of Fraser.

FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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Shareholders Action Group announcement:, page-32

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