I've been very vocal on this stock in previous threads, in...

I've been very vocal on this stock in previous threads, in particular the ongoing red flags. After the last downgrade (so soon after putting out positive spin in previous results presentations) there deserved to be some management / board victims. It's not every day that both the CEO and Chairman make a swift exit. Agree with thunderhead - this is a serious grenade for a listed company..

I think there are a lot of positives in this business, not least of which its net cash balance sheet (Simongr did a great job of summarising these). They have done a terrible job however at managing market expectations with downgrades, insider selling etc... Here's hoping this is a the start of a positive turnaround for this business and not a continuation of the red flag curse...!