Hi Sweetsound …
I bought a few of these on a punt because of Primero’s investment but had not looked closely at the company until a bit just now .
It seems that -as well as being non-executive director, Len Troncone has been COO and CFO since January 8 this year [ref].
And before that - last August he resigned from his position as CFO of Parkd (PKD) [ref] specifically to join SUV (as an inaugural non-executive director {as proposed in 05/08/20 SUVO replacement prospectus}.
(He had been at PKD since April 2019 when the position was created[ref] with a long and solid career behind him before that.
The man calling the meeting to dump him from the board, Dr Ian Wilson, appears not even to live in Australia.
https://www.businessnews.com.au/Person/Ian-Wilson
https://www.indmin.com/events/detai...er-details/a0rd000000fuyyjma1/ian-wilson.html
… so it is hard to fathom that Len has fallen out with him (assuming that him falling out with someone is the reason they want to eject him?).
As @Blythefan said I think it might smell a bit of “the spice of drama” than of mere fluff?
cheers![]()
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1 | 245710 | 0.054 |
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Price($) | Vol. | No. |
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