Now the CEO and CFO have jumped ship (or pushed?), director has been replaced, seems like a perfect plan for the take over isnt it?
The wastage hasnt stopped, relocating twice in a year and now we wait for Lakshman's excuses as he obviously has no control to what the Chinese owners decide.
It will be interesting to see who will be selected for the CEO & CFO positions and how Lakshman will save his face considering the importance he gave to Tony and Riccardo.
So are you still happy about the director buying while the people who are running the company are jumping ship? Why wouldnt they want to stay back considering the supposedly awesome JORC update is imminent?
It always sounded like the dodgy deal from the time Dr Lakshman planned the change in management. The CEO/CFO are not interested in buying the shares even when the price is historically low.
I really hope they dont get away with all this.
BTW
QMN Price at posting:
1.8¢ Sentiment: None Disclosure: Held
