Ann: Change of Director's Interest Notice - Mr Andrew Grant, page-90

  1. 5,527 Posts.
    lightbulb Created with Sketch. 3277
    I even read it clearly -
    Acclivity wrote that the former directors sold out as soon as they were outside the building.
    With absolute, unseemly haste.

    They who protested so much that they were worth it and knew ImpediMed and the business best.

    Though had not bought many shares themselves ever really.
    Excepting DS who had bought in through years inc with Cannacorde capital raisings.

    I am sure Danny had been pleased to join the board when invited by the former US based Chairman- to be a token Australian based board director, although his expertise is in capital raising and investment banking, & not directly in science or medical technologies.
    He also sold out of his shares he had bought to show loyalty in his new unexpected board position, as soon as he was voted off. Plus he shortly after had a new position to move on to, having not ever been a natural candidate or with skills needed for IPD board inclusion or with time he would have naturally devoted into IPD.

    In short - all ex directors , ex board members, swiftly sold out after they were demoted.
    Ex CEO and main people had been very well remunerated.
    Last edited by Aqua65: 18/09/24
 
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