This board and new CEO are rehashing a business model that failed over time.
The company has become irrelevant with its main function being a Netsuite agent and being paid a commission.
The new CEO is reducing staff, cutting overheads, and returning to where it all began—as a small-time agent for Larry Ellison, the US billionaire.
Pathetic to watch a listing on the ASX which has an illiquid share price (and always has been) being operated like a poorly run kindergarten.
To find a new business model relevant to today's world with a new board and CEO is the only way this ASX listing will become relevant.
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