CXO is going through a lot more than Sayona is. They have one headache after another, yet it only took them three months to transition from one CEO to another.
And as for your claim that this "isn't the biggest deal ever," well it actually is a big deal.
If Sayona wants to continue to be traded on the ASX, they must appoint an independent chairman to satisfy the ASX corporate governance council’s corporate governance principles in regard to board composition.
Why are they procrastinating on something that has the potential to have SYA suspended from trading? Why do they continue to play with fire? They have already had one brush with the ASX cautioning them for failure to adhere to corporate governance.
That's sloppy management to me, period.
Less than ONE MONTH to appoint a chairman, page-16
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