What has changed in the rectifier?.....A big fuss for nothing.
# Allegations of misconduct/poor governance from disgruntled directors with no proof.
# The Chairman is out , his son is in.....Big deal.
# Tino ( a serial seller) & Jitto (a newcommer) are out for good......Great.....Not in the least sad to see them go.
# Nichols Yeoh & Nigel Machin are still in their executive roles but not directorship......A couple of old hands didn't abandon ship.... I am relieved.
---------------
ASX investigations came to nothing as expected......Relisting Monday.
In all likelyhood ,there will be an avalanche of selling because of the double whammy of poorish financial report & the perceived corporae instability.
Time will tell.
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