for all that get sucked into the excuse that delisting saves money, we can save the save similar amounts of money by getting rid of Karl (& perhaps Peter too) and just have 1 CEO what gets paid $400-500k plus $300k STI....that's a saving of $1m
As for a strategic review of the company, this is what the (presumably expensive) strategic review they did & published in the annual report found.....from a operating perspective (i.e. to generate more revenues more efficiently), I'm not hearing anything different this time around.
These guys are wasting shareholder time and effort & company money......mgmt and the board for supporting this nonsense need to go... and this can only happen if this is a public company else I don't see minority shareholders ever being able to challenge Karl/Peter with their 20% shareholding.
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for all that get sucked into the excuse that delisting saves...
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