We're all on the same page here - I think the point was tongue in cheek and inferring that the Company was still immensely profitable (relative to the Genius version of Mayfield) despite the former CEO's conduct. Which is a twisted way I think all shareholders would prefer to the way the new mob are running the shop!
And how remarkable a coincidence it is that the new Board & Management (all aligned with MFD's major shareholder) scrapped the DRP and effectively stripped the Company of all its cash at the first opportunity. I wonder who the main beneficiary of that decision was?
Ann: Director Recruitment & Company Secretary Update, page-17
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