As far as I can tell, he was successful in that capacity.He is...

As far as I can tell, he was successful in that capacity.
He is NOT CEO of those companies and not responsible for their success or otherwise after listing.


Are you saying that, as a member of the board of a public company, he did not have a fiduciary responsibility to shareholders?


You mentioned also that he formerly worked for Macquarie Bank, I see no mention of that in the details he disclosed in the AEB prospectus. When did he work for Macquarie Bank as a merchant banker and how long for?


As for the deal to become a manufacturer for algae food, I presume you are referring to the announcement on 17/12/13 about them entering the nutraceutical market with the intention of producing dietary supplements.

I have voiced my opinion on that previously questioning how they'll get the $30m the Wise Owl analyst report indicates that they will need. The last SPP couldn't even scrape together $1m.

I also suspect that the nutraceutical market won't end up as lucrative as they suggest in their announcement given that there are low barriers to entry.