RFT 0.00% 0.8¢ rectifier technologies ltd

What has changed in the rectifier?.....A big fuss for nothing.#...

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  1. 7,635 Posts.
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    What has changed in the rectifier?.....A big fuss for nothing.
    # Allegations of misconduct/poor governance from disgruntled directors with no proof.
    # The Chairman is out , his son is in.....Big deal.
    # Tino ( a serial seller) & Jitto (a newcommer) are out for good......Great.....Not in the least sad to see them go.
    # Nichols Yeoh & Nigel Machin are still in their executive roles but not directorship......A couple of old hands didn't abandon ship.... I am relieved.
    ---------------
    ASX investigations came to nothing as expected......Relisting Monday.
    In all likelyhood ,there will be an avalanche of selling because of the double whammy of poorish financial report & the perceived corporae instability.
    Time will tell.
 
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