AXL 4.26% 9.0¢ axel ree limited

Ann: Interim update, page-2

  1. 3,444 Posts.
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    Reading between the lines, looks like the young CFO is working well with the board to get through this mess. Certainly looks like they will get through it, just with some major cash, repuational and of course SP pain.

    Would be interested to know the details behind his resignation, reappointment and what he may have said to the board at the time.

    When the looming massively discounted capital raising eventually comes .... I just hope that they give retail holders the chance of participating.
 
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