The board/management have clearly demonstrated over the years their inability to develop any commercial business model
It is a revolving door of "clip board warriors" being paid fat salaries/consultancy fees etc and pontificating on all things directionless. eg the last acquisition. A total dud with management to match.
Now they are in their comfort zone, with no public listing and hidden from view.
I would suggest this company will never be listed again as the cash from the warehouse sale will legitimately be used on fees/consultancy and salaries of those still on the gravy train.
The culture is faulty.
It's over.
IMO
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- Suspension From Quotation - Official Commencement Date 31.08.2022
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