Ann: Market Update, page-3

  1. 5,736 Posts.
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    Really this isnt on. We agree to buy out the ex CEO shares at around $2.54 or that was the reality. Then we have a shareholders meeting to approve his generous package and the next day we write off all the guidance profit on the basis of the fact that its only upon sn evaluation of investments etc. Really that is just smoke and mirrors and even that reads a bit thin. More likely they wanted the ex guy out so that is our cost to get him out without a war and then the new guy moves in and cleans the decks for his regime to start without all the baggage.

    Not pretty and irritating- I dont think continious disclosure is working if all this happens so late in the day. Its August for goodness sake. The year ended in June. The investments have been around a long time... Well they should also buyback the shares if its cheap but that foray into the market is long gone.
    Last edited by joewolf: 02/08/19
 
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