Chairman Kerry Daly and Hennessey bit the dust, Rem Report voted down. Anthony Rivas made all the right noises. Spoke with him after the meeting. He said when he has spoken with Analysts, he has said it is a 24 month turn around task. Two new management appointments (last 2 months) may have an impact to help deliver.
It looks s if Lev Misakovsky was right to identify some past management failures when he did, a year ago. The Board has been fighting a rear guard action instead of realising that something had to change. Anthony has been working on fixing the IT systems and sounds as if he has got a good handle on what is needed to get the share price above $ 2. It will take time and the rebuilding of trust.
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