MFD 0.00% 67.0¢ mayfield childcare limited

Ann: Annual Report to Shareholders, page-7

  1. 3,941 Posts.
    lightbulb Created with Sketch. 182
    we are - the bank has chosen not to throw us under the bus - we breached 2 covenants - this is poor management to the hilt.

    I bought into a company who was very conservative with its expenses, the management paid itself reasonable salary and gained dividends when the shareholders were paid - sink and swim together. Now this cowboy of a CEO is paying himself 400k while shareholders are going to hell.

    I want these guys gone asap - today if i have my way
 
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