RFT 0.00% 0.7¢ rectifier technologies ltd

This circus affects the business in terms of departure of key...

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    This circus affects the business in terms of departure of key employees and the confidence of the buyers in the future orders so I doubt that much will be shown in these numbers unless something drastic has already happened to the business itself. The report is not going to change the game by much. Yes, if the company can survive financially, then it means that we can fight for something. otherwise, it can go in administration and liquidation.

    Listed or de-listed if the company lasts, we can act to replace the chairman. I understand that ex-directors are waiting for ASX to conclude their investigation so that somethings can happen automatically with less friction. However, I argue that you might lose the relevancy of the business in the highly competitive space that this company is operating in. The ASX investigation can take up to a couple of years. A lot can happen in that timeframe. I believe the sooner we act the less damage we suffer.
 
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