Distraught - I don't his so.
They were taking over a million bucks a year in board/management fees at NEN and produced a 95% capitulation in market value.
Should have paid them more really in hindsight for that great job. easily worth double.
They would all still be there is they hadn't got rolled too.
How was the $400k poison pill they left NEN with that they had to pay to MEO for breaking the ridiculous deal they tried to put together to save their jobs. Good blokes.
If he is distraught it would only be about not being able to find someone to pay him this year.
It sure as hell won't be TAP.
Ann: Notice received under section 203D Corporations Act, page-119
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