I share your concerns, but I would be weary of consequences. If John was just a director, I would say go for it. But he is the MAnaging Director.
Ousting a managing director could result in worse. Who can step into his shoes without any handover period?
We have been saying it for awhile now, but we just need to try and wait another month. Give John a chance to deliver the goods.
Although we all saw the placement coming, all knew it would be discounted, and all knew it would be timed to benefit the sophs. We cant really complain.
Raising 100mil shares last week and the same 3months ago, would be difficult from existing holders and more time consuming. Sophs serve a purpose.
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