XIP 0.00% $2.46 xenith ip group limited

Since the merger/cap raise this has been an unmitigated...

  1. 1,849 Posts.
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    Since the merger/cap raise this has been an unmitigated disaster.
    I'd actually question the abilities & motivations of management here
    & note the highlighting of Griffith Hack as largely the problem suggesting there's probably
    infighting already occurring, along with toxic cultural issues.
    Also noted is the line "need to rebalance current capacity" regarding GH
    which mean sackings to my mind. So cost cutting & probably morale issues.
    Both red flags to me.

    A recent AFR article highlighted how GH were frantically pushing invoices out the door
    in an attempt to earn the partners of GH a $20 mil bonus which they subsequentally
    fell short on.  This suggests to me where their allegiances lye, and thats self interest & not with shareholders.

    Maybe something to contemplate. Cheap or not.

    AFRLink.  
    http://www.copyright link/business/legal/lawyers-griffith-hack-chase-20m-bonus-20170713-gxaiyk
 
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