Well it is a positive sign that Simon Tilley seems to have said that the existing management of the company need to start performing. We have had one story after another over about 2 + years about how they will be delivering on strategy but alas, they just kept ‘spinning wheels’ and going no where. Hopefully the new directors will have a razor sharp focus (and fresh set of eyes - 2 in this case) on the business. Maybe they will have the fortitude to change the management. We also need an update on the recovery of the loan made for that ‘bio mass’ experiment at Bundaberg. Also on sales / revenues of new ‘network’ systems.
LPE Price at posting:
5.2¢ Sentiment: None Disclosure: Held
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