M8S m8 sustainable limited

I wouldnt be so fast to thank Saithsiri. His most recent actions...

  1. 30 Posts.
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    I wouldnt be so fast to thank Saithsiri. His most recent actions are more likely a last ditch attempt to get something back on his already not insignificant investment than to protect shareholders.

    Important to remember that as the largest major shareholder and a director (controlling both votes and the board) he is directly responsible for the ongoing support of Rudaz against the advice of other former directors and shareholders. He has supported each of Rudaz's "business" decisions and has previously voted to remove experts and directors alike whenever Rudaz's ability was questioned and/or challenged.

    Given the cost of being a listed business, its highly unlikely to ever re-list, why would they re-list? Shareholders would never support any new capital raising and the market in general has lost total confidence in the brand and the people.
 
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