Given how blasé they are being with shareholders money when it...

  1. 8,776 Posts.
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    Given how blasé they are being with shareholders money when it comes to employment contracts and payouts, I think our main concern now as shareholders should be the Treadstone contract.

    There has been no transparency at all in this area. We are told at the AGM it’s commercially confidential.

    What are we on the hook for with regards success fee, break fee, vote fail fee?

    Whats occurring here is an absolute disaster. It’s like watching one train crash after another.


    Suspension

    Sell Leo for a 35% Loss

    Proposed Disastrous Capital Raise

    Write off $222m

    Start a never ending Process

    Terminate their chosen MD


    You would be forgiven for thinking the Current Board are running on a Scorched Earth policy.

    Certainly at the rate they are going the cash will all be gone.

 
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