The 'Board' has shown absolute contempt for the shareholders of DMA by appointing a so call one person committee. Since when has the defnition of committe changed?
This is gross display of arrogance by some members of the Board. As paid up shareholders of DMA, we are forced to believe that the one person from a single shareholding entity can be independent and represents the wishes of majority of DMA shareholders.
It can also raise suspsicions that the 13% shareholding entity is trying to exerts undue influence on the members of the Board whose future are being decided in the upcoming EGM. These members need to categorically and publicly deny any such influence. They also need to be seen to be acting in the best interest of all shareholders and that they are performing their fidiciary duties without submiting to any self serving interests.
DMA Price at posting:
30.0¢ Sentiment: None Disclosure: Held
