While there must have been some relief when two directors, Simon...

While there must have been some relief when two directors, Simon Ehrenfeld's cousin and business partner and Jeremy Cousins, and Jurgen Steinert bailed out days before the AGM.

But at the same time sadness that Simon Ehrenfeld, and his failed political aspirant buddy, Paul Stevenage remain entrenched while adding and John Lane to the board room.

It's a cynical, calculated and uninspiring move.

SE would do better for the shareholders to simply fade away along with the others who have already departed.