As I have said before, this company went to IPO not really with...

  1. 39 Posts.
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    As I have said before, this company went to IPO not really with a viable business plan or strategy. It was milked of all the cash to high paid executive, and BOD who oversaw all this. Too many times small cap stock go IPO in pure self interest, as staying private was too risky and financially draining. Public companies, like the government milk taxpayers and citizens until there is nothing left.

    it will be almost a year when the next trading halt update is made, one year to finalise a material transaction. Has anyone, including the companies involved in this transaction looked at their last financials. What a disgrace, still no strategy, still no purpose. They even had the nerve to say the are open to further M&A. You kidding right, April fools joke on every report.

    shareholders have been unable to trade because of “ this” material transaction, which is so secret we can’t give any update but use loose ASIC rules to remain operational in suspension, but slowly bleeding the last bit of life out of this company.

    its a disgrace, the BOD should be ashamed, but more importantly bannedfrom further directors appointments.

    good governance is absence in this company.

    does anyone know what they actually do as a business anymore.

    Pac-Man.. time to step up and end this charade
 
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