I disagree. This allows time for the crap to be sorted. They were aware of the director issue, so thats not new news. I am disappointed in Paul, that he potentially has allowed unscrupulous people to be working with him and it took the AFR article for action to happen.
Before my final judgement I will await Pauls' response to questions that have been asked around the massive share placement deal to our social media sleuths.
Maybe
@bean counter can be appointed as the next Aussie dir? He would certainly be on the shareholders side.
The suspension, also would stop a sell down that would have occurred and with limited buying support be potentially massive fall. If they have the funds to continue operations, and if we are suspended a few months, until new machines get working on the patches etc.. then when relisted we will have all then updates and progress etc and hopefully stability of increased income.
Then patches work amazingly, so not a dud product, and they have interest from 2300 retailers...
The AGM can be the confession time for them to put all things out on the table.
Pauls reputation is currently on the chopping block, with the axe man lifting the axe. He needs a get out of jail card right now, so for us shareholders I hope he has some good answers to the questions raised.
(20min delay)