ADO 4.76% 2.2¢ anteotech ltd

Ann: Notice of Annual General Meeting/Proxy Form, page-24

  1. 32 Posts.
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    Oh dear, what a mis informed conclusion we have here from Semi retired. Fact is Studley has bought badly needed stability and good governance to the board, and along with the independent chairman, managed to avert administration, against the conflicting interests of Sickman ( DIAsource), Martin (FCM), and Cumming, from the DIAsource trainwreck architectured by Martin and Cumming. To put up a poorly defined strategy, new directors, all Unknown, with no plan to bring them up to speed, no plan to manage existing financial management processes and resources, or how to manage scientific staff, is risking putting the recent gains back 12 months. Sure the SP is stuffed, but at least there are now the signs of recovery, and Studley has only been in the job 5 months, but the financial duress we were in was known when the deal was concluded in Jan/February 2016, and nothing was ever done about it, and the efforts of Studley and Hurrell, have not been acknowledged, or actually even been considered. I doubt we would have a viable future and $6M in the bank, if left to Cumming and Martin. One can only conclude that there was a strong relationship with the recent trading halt ( as a result of financial reporting) and Martin's departure, and as far as bringing back GC in a leadership role, where have you guys been over the last 8 years, as he has promised a lot and delivered nothing.
 
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