I don't feel sorry for him one bit. If he held 15m shares he still must hold them. If we recapitilise buyout whatever does he cash in? My Lord please no.
Calderwood was MD. Buck stops with him and the BOD.
agree there should be investigations as the whole thing was suspicious on many accounts including if memory serves me right one directors wife selling stock just before the BOD declared insolvency. He claimed he didn't speak to his wife...ASIC said yup sounds legit.
Mr Pegmatite was a disaster, and in my belief should not be able to sit on a board, let alone 3.
A40 Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held
