Court proceedings have been commenced to bankrupt the non-executive director Sam Di Giacomo, on the basis he can't pay his debts and is insolvent.
Shareholders have a right to be concerned that if a member of the Board can't even manage his own financial affairs - how can he manage, or help manage, the financial affairs of the company.
It is a real vote of 'no confidence' for the company.
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Last
9.9¢ |
Change
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Mkt cap ! $9.685M | |||
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