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Ann: Resignation of Managing Director, page-94

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mansell57

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15/02/18

11:14

Post #: 31072294
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Originally posted by RooBendigo ↑

Don't forget it was shareholders who made the move, and who decided the timing. I expect they talked with other large holders. I am glad they didn't blow up the capital raising - I wanted it to succeed. I think this is one of those situations where if you want to be in the know you need to hold more shares. I guess you could try ringing Fitton, Orbit, or Grammar and asking, but I suspect they will tell us their reasons when they choose, guided by legal advice.

If the board is divided agreeing on a response will be tricky, and possibly a bit of legal minefield. Lets give them a bit of time to work out what that response is.

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I'm sure other Board members knew nothing of all this ...NOT

KIN Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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