Anyone care to comment on today's two announcements?
Firstly, their intention to increase non-executive representation on the board. Not before time, and hopefully not too late.
Secondly, today's cutoff date for the SPP has been extended to mid August. Obviously they haven't been run off their feet in the rush to take up. Why would they, trading circa 42's? This is a worry, and still no frank and proper communication forthcoming.
I phoned the Perth office today, neither Bromley or Russeth 'were in'. Maybe they will return my call, maybe they won't.
My opinion? Clearly they've begun to listen, or to realise the seriousness of their position. Where it will lead....over to you!
Rgds,
Lilac
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