With all the write downs in the last couple of years and resultant shareholder value destruction - and here we are, someone now wants to rebuild and restore value - yeah right. Value may have been there when shares were trading closer to a buck - can't see that anytime soon (more like never).
Two new directors - neither holds shares in company - one of the new directors has water utility experience - don't mean to sound horrible - but is Donaco experiencing water and sewerage issues at the properties? Best man for the job hey.
Whatever happens, it would be nice for the share price to at least head up to mid teens by mid next year. If it does some of us punters will cash in their chips (or at least I intend to). AIMHO.
Ann: Board and CEO Appointments, page-3
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