help gets the molopo story out , page-5

Buddy,

Surely directors won't try to ignore the share consolidation when trying to justify the share price performance (lack of).

Given the chairman and Hobday were given a period of time to consider their position, it is contemptable, in my opinion, that they should be imposing further costs on shareholders, in preference to resigning/retiring. It looks as though Beck had tried to ensure that the change could have been achieved without embarrassment for Beard and Hobday.

I see that Barry FitzGerald is reporting that the board are meeting today to discuss the issue. I sincerely hope that commonsense prevails, and that they stand by their position of looking after the interests of all shareholders, and resign, saving the need for a meeting.