Looks like a move in the right direction...ie addressing the cost base. Although, I'm not sure shareholders that have ridden this wave and been dumped at 6 cents would share the following sentiments, although it could be worse...they could be carrying debt on the company balance sheet:
"Mr Trevor Gerber, Chairman of EFG said ‘Mr Roxburgh and Mr Katz have been valued members of the Board and have provided the company with insightful counsel utilising their extensive experience."
EFG Price at posting:
67.0¢ Sentiment: Hold Disclosure: Held