Ann: Changes to Selfwealth Board, page-18

Datt's appointment to the board is only part of the announcement. The main part is the the old board is gone (or soon to be).

If the Board was not fit-for-purpose as it stood, what's to say that someone who happens to be a shareholder is the solution. Viewed another way, if Emanuel Datt did not represent a major shareholder and an announcement came out saying that he'd been appointed to the Board, would you be saying,

"Yeah! A new gun director. (Actually, I'm not sure who he really is, but I assume he's a gun director)"?

or

"Who is this new director and what track record does he have in presiding over successful corporate turnarounds"?


"A change of board, lead by the largest shareholder, is an opportunity for genuine change."

Those sound like just words to me.

Describe what that change might look like, and why it was impossible under the departing NED's?


.