MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: CEO Termination, page-32

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  1. 2,995 Posts.
    lightbulb Created with Sketch. 1136

    Lets see
    Jan20 - Warwick Smith resigns as director
    Jan20 - Marc Vogts retires as Managing DIrector (Leslie Hosking interim MD)
    Feb20 - Leslie Hosking resigns as interim MD & director (a whole 24 days as MD!)
    May20 - Johann Jacobs resigns as director
    Jul20 - Doug Richardson resigns as company secretary
    Jul20 - change in Auditor (cost mentioned as reason for change, but they are similar sided firms)
    Aug20 - Frank Houllis terminated as CEO

    Not sure what all this means, but unlike some, I see no positive in this at a time when the company has no cash a& has been stating that multiple interested parties have been doing DD for weeks/mths/years on various parts of the business





 
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