CMC 0.00% 1.1¢ china magnesium corporation limited

Traydor , I share your sentiment but perhaps you are throwing...

  1. 524 Posts.
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    Traydor , I share your sentiment but perhaps you are throwing rocks at the wrong people . It would appear the stuff ups were the doing of the previous board , those that appointed this one .

    As I have pointed out above , one of the directors was forced out on 25th Jan , after much amateurish bungling on the part of whoever was in charge of their corporate governance , the reason is unclear . 3 days later the Great Gunna stepped down and anointed Jin Thean as CEO . He then left the board completely , his job done . He was soon followed by Bass . One can only wonder at the reasons for this shuffling of the chairs . Were the Chinese shareholders sick of their money being squandered perhaps ? Liang is still there with the other new Chinese directors . Lets hope they do a better job . They are paying themselves substantially less , at least at present .
 
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