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has anyone considered:new directors look into morila.rather than...

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4,239 Posts.

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28/07/23

11:35

Post #: 69035350
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Originally posted by intelseb: ↑

a) given morilla has liabilities and no legal backstop, it could be just severed in paper thats much better than spending millions on consultant fees only to sell it for $1 - also given recent information that has come to light morila has supposedly contacted our board a number of times with no response.
b) there is more value in re-destributing escrow, why sell.
c) i dont think board experience matters too much here, we are trying to get rid of a board who has wasted 200+M of dollars more than anything and who is potentially trying to sell our escrow at alot less than it may be worth next year
d) material savings are irrelevant, new bod members are actually big FFX holders - so they have substantial money in it anyway

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has anyone considered:

new directors look into morila.

rather than assuming anything.

like people assumed there was a virus in 2020.

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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has anyone considered:new directors look into morila.rather than...

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