The entire board stands condemned.
Even the the 3rd biggest and low cost model Genea was more attractive to the Hong Kong/Chinese consortium who paid over $300m to acquire it rather than buy what is becoming a train wreck of a business.
I spent 12 months arguing with @Rupfel about Lynn Burmeister but in reality she is a symptom of a failed board.
It took them 12 months to find a replacement for James Thiedeman, who hardly covered himself in glory, and now he hasn't even lasted a year.
The Non Executive Directors were paid over half a million in FY17. They come from Consulting and PE backgrounds. What ever they were paid this year should be forfeited.
In the end I own my mistake not getting out earlier but I look forward to seeing the FY18 Annual Report to see how much the board were paid to execute it.
The entire board stands condemned. Even the the 3rd biggest and...
Add MVF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.13 |
Change
-0.015(1.31%) |
Mkt cap ! $440.2M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.15 | $1.12 | $439.2K | 390.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3378 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 3663 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MVF (ASX) Chart |