LPE 0.00% 13.0¢ locality planning energy holdings limited

Ann: Application for quotation of securities - LPE, page-8

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  1. 2,628 Posts.
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    It probably is a 4: 3 split. Original four directors verses 3 new directors.
    The board member who appears to have a conflict of interest probably needs to stay until; they sort out the biomass mess. They need to recover that money.
    The 3 new directors will need to have sufficient understanding of where to go from that point. Also the only way is for their to be 'a palace revolt' and call a special general meeting of shareholders to unseat the 'in crowd' of 2 or 3.
    So it seems to me to be a work in progress (progress not being the most appropriate word).
 
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