i respect your views and understand where you are coming from, but let’s consider the alternative for a moment.
If CE were to leave the company, MIN would be recapitalised to reduce risk.
A good quality Board could be appointed (but they aren’t coming if CE is staying).
A new CEO would be appointed … and he/she would be prepared to make the tough decisions to address many of CE’s cock ups. (do I need to list them all?) ..
The major clients of the mining services division may be more relaxed … and give them more work
A much wider range of institutions would consider owning the stock.
The staff may even feel more secure without a perceived bully at the top of the tree.
ASIC, ASX and AFR can then start refocusing their limited resources over to some other cowboys operating in the Australian capital markets
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