Ann: CFO Resignation , page-5

I agree with you CB. I do not think it is desperation, merely Alan Boyd making the most of his opportunities. His experience speaks for itself. I also consider the Cytopia offer unsustainable and one would have thought Drona would have considered and ensured their interests prior to merge proposal. After talk of PSG having the numbers to roll the board, it must have been embarassing to see the final results. This new scenario doesnt appear any different.

RIDLEY CORPORATION APPOINTS CHIEF FINANCIAL OFFICER
Ridley Corporation is pleased to announce the appointment of Mr Alan Boyd as Chief Financial Officer.
Mr Boyd has more than 25 years of finance experience in both the UK and Australia initially as a chartered accountant. He joins Ridley having spent the last 8 years as CFO of several listed companies, including: SMS Management & Technology (formerly Sausage Software); Zenyth Therapeutics (formerly Amrad Corporation);
and Avexa Limited.
Mr Boyd will join Ridley in April 2009.