Australia's largest stock trading and investment forum Australia's #1 stock forum

IPD

Click for more information

3.39%

6.1¢ impedimed limited

Ann: Response to Notice 249D from IPDs Executive Leadership Team, page-23

First 23 Last

Share
Profile

Follow
cjw63

318 Posts.

47

30/08/23

13:24

Post #: 69637266
Share

Originally posted by slambo: ↑

Even assuming this response was not solicited by the threatened directors themselves, the release of this to the market is unprofessional.

The board should be encouraging the executives to demonstrate their continued worth by delivering the best outcomes they can rather than fanning the flames of discontent in an effort to protect their positions.

These actions go with the territory as a listed company, and should not come as a complete surprise. While the disruption is a nuisance in the short term, both incumbents and challengers know they have a unique opportunity put in front of them. Whichever way the vote goes, this might turn out better for shareholders. If reelected, the incumbents should be in no doubt that they need to deliver. If elected, the challengers should know they will be watched closely to see if they deliver the promised improvement.

Seems the current board might have scored an own goal with this.

Expand

You don't want to hear something more substantive from the challengers?

IPD Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

OJC

SPC to merge with Original Juice Co and Nature One Dairy

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 7 more messages in this thread...

First 23 Last

Add IPD (ASX) to my watchlist

(20min delay)
Last 6.1¢		Change 0.002(3.39%)		Mkt cap ! $123.4M

Open	High	Low	Value	Volume
5.9¢	6.2¢	5.7¢	$83.09K	1.375M

Buyers (Bids)

No.	Vol.	Price($)
1	89189	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	22387	1

View Market Depth

No.	Vol.	Price($)
1	89189	0.059
1	500000	0.058
3	481381	0.057
3	110001	0.056
6	398885	0.055

Price($)	Vol.	No.
0.061	22387	1
0.062	400807	3
0.063	100000	1
0.064	374000	2
0.065	18529	2

Last trade - 16.10pm 02/10/2024 (20 minute delay)

IPD (ASX) Chart