Peter Dykes: Appointed as director in 2012

Well, as the goose I can be, I got caught up in the hype of RFN, Digital4 (whoever) & the posts of @Smokedog

For me, starting to look at the history of Peter Dykes, I, subjectively & personally, am not feeling confidence.

This is the appointment announcement: http://www.asx.com.au/asxpdf/20120612/pdf/426rvnr9hbjcr2.pdf

It states:

What the announcement does not mention is in June 2002, NBS has contributed equity of $4M (see 1st link) and when it was taken over in 2012, it had contributed equity of $110M (see 2nd link).

In other words, by being taken over for $80M, the shareholders of NBS, as a total, lost $30M on their aggregated investment



http://www.asx.com.au/asx/statistic...play=text&issuerId=4299&announcementId=710469

http://www.asx.com.au/asxpdf/20120228/pdf/424nq4tkqrbf08.pdf