UNT 0.00% 1.5¢ unith ltd

Ann: Resignation of Non-Executive Director, page-40

  1. 162 Posts.
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    I can only speculate as to why Domenic resigned.
    A couple of scenarios come to mind:
    Maybe the board chose to have that hard conversation with Dom, which resulted in Doms' resignation. If so, that would indicate a culture of accountability at Unith and a display of solid leadership.
    Maybe Dom informed the board of needing to free up more funds and the intention of selling more shares when progress updates correspond to a significant rise in share price. Therefore resigning to avoid the negative sentiment that can result from such a ASX announcement.
    Who knows, if either speculation is on the money it is a positive for Unith.
    So, Solid leadership and given where Unith is in its development, a solid quarterly.
    Upwards and Onwards.

 
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