Ann: Letter to Shareholders - Update on Fraud Investigation, page-9

  1. 2,008 Posts.
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    Absolutely they are inexperienced and wouldn't have a clue what to do. I mean Greg only runs a financial services business that was the fastest growing company in 2021 according to AFR. Managed to get $450M wholesale funding. What has our BOD got - a failed SPP that couldn't even raise $1M with no directors from the BOD participating.

    David Halliday only has 13 years with Macquarie Bank in their private wealth division (I would love to have some of that right now!) and also an Associate Director for over 10 of those. He's also been a Director of Aesir Capital and holds a Bachelor of Engineering (Mechanical).

    These guys are definitely absolute fools compared to our current BOD who have successfully demolished our SP, potentially lost $11M somewhere in B2B loans, lost $7M in tranche money, left the running of the office to a crooked CFO and then one of them takes a private loan of $900,000 with no interest payments from a company where one of its directors is being prosecuted by ASIC. Yep, were definitely better off with current BOD. You'd have to be a mug not to want to stay with them after their stellar performance these past 2 years
    Last edited by 61289439: 20/04/23
 
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