PNC 1.79% 55.0¢ pioneer credit limited

Keith John and management were instrumental in getting the...

  1. 562 Posts.
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    Keith John and management were instrumental in getting the company into a real mess prior to covid. Credit Corp who are a bigger competitor to Pioneer are better run and are performing better.

    Pioneer had too much debt and were overpaying for their purchases.

    They then signed up to a binding share purchase agreement / finance agreement prior to Covid which got them into a really bad position. As shareholders were had not voted on this.

    I would vote to replace Keith John if I had a chance. We need management to think of all shareholders not just themselves.




 
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