to read “Sandy Beard is the Chair of both companies “ is so unexpected for the independence of the restructuring consultant; we’ve been wondering if the expert, in lighting no less, was to be found in Aus or overseas, but all along we are fortunate is right here in the same fiefdom under Mr. Beard. How illuminating!
That we hear further substantial shares are to be issued to Mr. Beard and/or his lighting company for this quick restructure we surely don’t mind the further dilution (and ASX suspension while the expert work toiled away whilst we were kept in the dark, given the value from the innovating and creatively conjured strategy essentially and most imaginatively of cost savings.
Who would have thought HNG, the turnaround expert under the chair also of Mr Beard, could have missed that strategy idea of changing address, ( to pay rent to HNG ?) and sacking staff. Well it wasn’t staring them in the face , more the two faces.
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