did anyone who has commented here actually read the Investor Update that the Tranche 5 has been resolved and that all of the Norman Li / Careline remaining holdings will be placed into 12 month escrow as a sign of commitment to the future.
Then it went on to say about a review of the Board and preference to have some independent Board Members with FMCG backgrounds.
And the final little passing comment with regards to a review of the roles and leadership of the Board !!
This particular clarification of his holdings is merely an off market Transfer of the previous things we'd been informed about with respects to those "skin in the game" distribution agreements.
I think you're missing the big picture if you haven't read the Investor Update that accompanied the Half yearly, there is an uncharacteristic (new culture I hope) amount of detail about the operational improvements and new developments in the pipeline, plus all the detail on what I mention above re the escrow.
please get informed, and then you'll say geeze the share price still looks even more cheap now !
ps. Tony Rowlinson has agreed to a minimum 3 year term as CEO / MD too - that alone is fantastic news and very bullish.
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Mkt cap ! $42.95M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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2 | 100000 | 0.135 |
2 | 108888 | 0.130 |
1 | 160000 | 0.125 |
1 | 610 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 34864 | 1 |
0.150 | 8750 | 1 |
0.155 | 72000 | 1 |
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