One way or another the current management have to go:
They have told us many a times what great produces they have
They have told us many a times of how hard they are working
They have told us many a times they are on track to deliver
They even told us we had nothing to worry about re BP Saga
They told us all was good with the MAA Documentation
How then did it all go wrong
I maybe a bit harsh here but MS has bailed and can now off load shares if he wishes without putting out an announcement - we have seen steady flow of shares changing hands since he left. And before anyone jumps on me re his wife just remember it was so urgent for him to get out even the CEO didnt know he was going but yet he was still able to find the time to take a trip to Germany
I am not suggesting any wrong doing here just appearances sake alone ASIC should be requesting SUDA for who is selling as we have the largest shareholder attending a meeting which could have a major impact on the survival of the company.
The CEO promised to update shareholders on that meeting however meeting was held over a month ago and not one work about any outcome, any possible affect the outcome might have on the company.
Are they abiding by the reporting requirements
ASIC should also look into the money situation as by my calculations they must be done to the bone
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