Unbelievable incompetence. Only 2 things to happen now, the sacking and the litigation. I also have a few more Directors to add to unfortunately a growing list of what i believe are "red flag Directors" here in Australia. If they had any decency they would have handed in their resignation letters this morning.
To answer your question @legaleagle88 - from day 1 it was obvious that GCY were not the stronger party in the negotiation. That was confirmed by the IER and then re-confirmed by what has transpired. Very Amateur Management team imo.
Ann: Firefly Scheme and Westgold Offer Update, page-7
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Last
98.5¢ |
Change
0.095(10.7%) |
Mkt cap ! $1.088B | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | $1.00 | 90.0¢ | $6.153M | 6.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 16444 | 2 |
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| SPR (ASX) Chart |