PPY 6.67% 1.6¢ papyrus australia limited

Ann: Retirement of Managing Director and Appoint of Interim CEO, page-3

  1. 159 Posts.
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    IS RA 'retiring', 'resigning', ... or simply 're-inventing' and 're-inserting' himself into the Egypt business.
    It's all very strange.
    When will the chairman similarly ... "retire" ?

    What will happen to PPY Aust when RA inevitably withdraws his directors financing facility of $250K . ? (If he hasn't done so already)
    If so, .....
    • Will PPY Aust, soon go belly-up, leaving Aust shareholders completely emptyhanded (what company assets ?). ??
    • Will the Egypt operation and company, then continue without hinderance. with RA at its centre, to carry on regardless. ??
    • Was this always RA's plan ??

    So many questions, so few answers, information or direction.
 
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