Lenders Last Chance to Save "The Scalping", page-25

Indeed! Irrespective of outcome, the management & board should step aside asap. They have proved to be utterly incompetent & out of their depth....clearly lacking the skill set to navigate the challenges which seems to have sunk the company. However the communication & investor relations strategy is at another level & can simply be benchmarked as perhaps the worst in Australian corporate history. Sprung surprises on its lenders , kept their shareholders in the dark at its most critical hour (incl. its former largest shareholder) & totally disengaged from its employees. The epitome of arrogance & disdain for its most important stakeholders. Disgrace!!!!!