3 of the 5 member board of the past 12 months have moved on.
The one new addition coming on board post the CR has an excellent track record of turning businesses around (PGC) .
Because of these changes , I suspect things will be very different in regards to how management spend shareholders cash in the next 12 months.
Ann: Rights Issue - Dispatch of Offer Booklet-AVX.AX, page-6
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