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Looking4ideas

229 Posts.

108

05/05/21

15:24

Post #: 52958625
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Originally posted by spikeup: ↑

Frankly... management completely underestimated the time involved in the screening/recruitment process and acted
with total complacency by operating just the one site 'Monash Health' for the most part.
This "one site only" operation adversely affected their prospects of recruitment. Now with 'Austin Health' recently on
board and soon to be announced a 'Third Site' to join the existing two, the results in the short term are considered to
be far more encouraging.

That's the reason why we are where we are today. It's not a tech failure or anything of the sort, therefore, any statement
of that nature is totally devoid of context and it's just drawing tenuous linkages to same.
Despite all the early talk of multiple sites being established early, for whatever reason, this was overlooked by
management and has had an adverse effect on our current share price, however, with meaningful corrections
and steps to fix this wrong I believe we're now in a far better place with this 'one site only' situation now addressed,
but each investor will make his own evaluation and judgment.

All IMO.

Expand

And the board want to increase the directors pool from $250k pa to $450k pa at the coming agm. See resolution 5.

I hope shareholders vote against it.

IBX Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
16 Upvote

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