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insaf

10,152 Posts.

971

03/11/20

09:14

Post #: 48602553
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Originally posted by Investor7: ↑

Only poor management gets themselves into these situations, no one or nothing else can used as an excuse for this slip up. These sort of financers make their contracts complicated to do exactly this if needed. Seen it time and time again. Just shows that while the company is doing well it is being tripped up by its CEO's lack of focus across the whole business once again. That said there will be a compromise but it should not have occurred in the first place. They could have done a capital raise to avoid this predicament or got an appropriate decent lawyer to review the contract.

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If there is an issue with contract I would blame lawyers first before the CEO.

BUD Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
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