i am not sure about management changes, Regan is a very large shareholder so it is a big call, but stranger things have happened. ????
However, the bigger question is what is African Lion, CBA, RMB etc doing, these instos are substantial shareholders, one would think they would be putting some pressure on the board as well as the house broker to get the interest in the story, I cant image their investors are happy.
CNL's broker Petra Capital appears to have no idea what business it is in. A very bullish report has been released, there is a JORC compliant resource announcement immenent and the stock price has tanked.
I think if one simply walked down George Street in Sydney and pulled a few randoms off the street and got them to push the story they would do better than the current broker and board.
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