ONT 0.00% $7.13 1300 smiles limited

Ann: Appendix 4E and Annual Report, page-2

  1. 744 Posts.
    lightbulb Created with Sketch. 238
    ONT's revolving door of 2IC continues:

    1. Duncan Cornish came as CFO, started on 01/05/2005, resigned on 25/01/2007
    2. Bradley Hardham came as Company Secretary, started on 04/07/2007, resigned on 01/11/2007
    3. Greg Kentish came as COO, started on 11/11/2007, resigned on 08/12/2008
    4. Deborah Bowling came as Financial Controller, promoted on 15/08/2008, resigned on 02/01/2010
    5. Debra Burden came as General Manager, started on 18/01/2010 (participated on Share Loan program, was alloted 100,000 shares @ $2.70), resigned on 28/02/2012
    6. Eric van Niekerk came as Group Operations Manager, started on 21/11/2011, resigned on 30/06/2013
    7. Basil Ahyick came as General Manager - Operations and Finance, started on 10/02/2014, resigned on 12/06/2015
    8. Bryan Dulhunty came as Company Secretary, started on 30/09/2015, resigned on 31/01/2017
    9. Jeremy Palmer, came as General Manager, started on 29/03/2016, finished on 16/06/2017
    10. Gina Bozinosvki came as Company Secretary, started on 31/01/2017

    The latest casualty is Jeremy Palmer. He only lasted 15 months.

    12 years after becoming a public company, the founder is still unable to cultivate self-grown talents who are able to take in charge of the company's day to day operations should the needs suddenly arise.

    As for the flat result, there is a possibility of the market re-rating the stock down to take into account its slower growth rate in the next few days.
 
watchlist Created with Sketch. Add ONT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.