Ann: Chair's Address to Shareholders, page-5

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Mkr

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30/08/19

16:09

Post #: 40248136
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Originally posted by GoldenEagle ↑

" The other existing Directors Belinda Gibson, Andrew Stevens and myself will also retirefrom the Board. It is presently intended that our retirements will occur on an orderlybasis and that at all times there will be 3 independent Directors on the Board whoconstitute a majority, in accordance with the ASX Corporate Governance Principles andRecommendations. A search has commenced for suitably qualified independent non-executive Directors " -

On one side I am happy there is change coming, on the other hand I am very disappointed with the delay in completion of the strategic review - Seems to be me that the current bunch is just looking for there own interest and Tim has indicated his intentions to leave the company but there is no firm plan in place for his transition out - the appointment of a capable CEO is vital before the current one sinks the ship to the bottom - to the point of no return ..... I hope the share price does not drop below 20 Cents.

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Yes they are taking way too long (for no good reason) to spell out the direction of the Strategic Review
There was an opportunity to make an Announcement today, then why delay it and wait for the new Directors to make a call?

TGA Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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Ann: Chair's Address to Shareholders, page-5

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