Ann: Bundaberg BioHub Secures Construction Funding, page-5

@Holdtight
I refer you to my other posts in the last 24 hours.
Todays announcement was in my view made in some desperation as the two officers referred to are exposed to being unseated if substantial shareholders not aligned with them form a view they should depart.
I cannot see how any shareholders who have seen the share price sink as it has due to the poor decision making and communication by the Chair and CEO. I also think that substantial shareholders who also joined as directors are in anyway content with how the business has performed over the last 2-3 years. A comparison with TPC Consolidated will show the substantial shareholders from the last 2-3 years, that LPE needs some new management and clear strategy rather than the piecemeal desperate decisions of the last few years.

On the question of financial performance of LPE management for the half year, I assume we will soon know if they produce a quarterly cash report by 31 January.

I am interested in hearing from any shareholder who would support a Section 249D vote to remove the persons involved. It does work if support for such a move. Just look at some examples from the recent past. RHY is part way into this process now as one example. Worth watching. See my post yesterday for my email.