I find this very interesting and worth a pause to reflect on what we have become aware of in the last few hours in particular.
Obviously behind closed door all of this has been playing out but I would think that the big move by the major shareholder would not be a knee jerk reaction and in fact more likely the result of something building over time, I would also think or should that be hope that at least the immediate futures plans have been discussed and are now being executed.
I also find it encouraging that the timing of the announcement may have been deliberate to minimise the damage to the SH between the announcement and info delivered at the AGM, (subjective)
That being said what do people think that they might be, maybe something like
Regain shareholder confidence like setting some goals and delivering on the within the timeframe (new board by 31st of Dec)
Work on relationship with WBT and even release some info jointly to the market to show stability
Resolve the Purde testing issue and get that underway again
Get the whole roadshow thing wound up again and attract major clients
Just some random thoughts and I do admit I went in hard today and doubled my holdings, time will tell what sort of a gamble that was
New management goals and deliverables
Currently unlisted. Proposed listing date: WITHDRAWN
Add to My Watchlist
What is My Watchlist?