Read that the Ford board is getting rid of it's CEO following a drop in SP of 40% following angst of shareholders.
Ours on the other hand not only refuses to address the OBJ board constituency, but at the last AGM attempted a sharegrab with a contingent sp marginally higher than the shares they sold off a year earlier.
Asx companies really don't heed investor concern and appear to pretty much only in it for themselves. I guess as long as The Board can maintain the poor sp and equally poor communications, as a lowcap Asx spec stock, they can continue flying under the larger corporate radar, and continue to feather their own nests.
For the use coming AGM would like a large Nay vote to receive the accounts - as a first strike, maybe that would shake them up a little.
OBJ Price at posting:
5.4¢ Sentiment: Hold Disclosure: Held
(20min delay)