The resignation of the CEO is indeed good news, finally they listen to us. However, what is abundantly clear is that Mr Sang must not be the fall guy for events since relist. We know that Mr Sang was but a puppet having his strings pulled by the Albidon board, who in turn are Jinchuan stooges having zero regard for the interests of minority investors. The real fault lies with the board & it is they who must pay the price if we are to move forward.
Note the trade volumes on both Monday & Tuesday. Zero shares traded on both news days tells us the market demands more actions - they must deal with the Convertible Notes & a board restructure.
The review team will know what is expected, a fair value share price of $0.5-1.0 is the goal.
The resignation of the CEO is indeed good news, finally they...
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