The board and existing management have been operating this company for years and the shareholder value in the penny dreadful status and is illiquid.
Baillie a director who has 84 million shares has been around this company since 2007
Jobling the chairman has 43 million shares and has been with the organization since 2015.
King the new CEO was with the company and is now coming back again - is this move keeping the board once again in the comfort zone? He is a NetSuite advocate so it would appear that there will simply be more of the same.
This appointment falls in line with the same path they are currently pursuing.
A massive sales force with a fixed commission rate controls and limits any growth in profitability.
On reflection, it, unfortunately, appears the changes moving forward will be minimal.
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.24M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 97579 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 1105808 | 1 |
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| Last trade - 16.21pm 16/07/2025 (20 minute delay) ? |
| JCS (ASX) Chart |
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