The return on investment has been woeful and there is no excuses...

The return on investment has been woeful and there is no excuses that would explain this.

Further tipping cash from the sale of the electrical business would only occur if the board is asleep at the wheel.

I would really like to understand as a shareholder how could I find out what is being invested in, could it be pet projects that the major shareholder has been involved in, how does this board manage the transparency and insure the investments are truelying in the benefit of all shareholders?

What worries me the most is that the board has not really worried that the investing side of the business has performed so poorly. It appears that it has just shrugged it off, no loss of jobs, no we need to do better, no re-assment of how we invest or select investments.

I am sure that contributors to Hotcopper have performed much better than what ECL investment arm has over the last few years!