Since the month of September 2023, the period of disruption and BoD changes, newly installed management have presided over an approximate 80% destruction of share price decline and wealth valuation. Let that performance oversight and responsibility sink in. Let me repeat, a near 80% decline in the value of the Impedimed Limited share price since new board took over the direction of this company.
Question, why are people voting to approve their remuneration, why have they, themselves not been removed, is an 80% in the value of the share price depreciation since around September 2023 period an acceptable level of performance and expectations.
This performance is shocking, concerning and their seems no be no end insight in regards to a declining and flatlined share price that has mirrored the strategic change in the BoD actions of 2023.
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