OK the whole bloody saga is shite! Breathtaking in its audacity and bloody insult to all. We were roundly being gven the big middle finger by Esra as we lauded her.
As some have pointed out this whole investigation is gonna cost plus the changes that will be made plus the cost of another CEO prob for a lot more money.
Also getting some of the money back is not getting all the money back and doesnt count interest that should be earned. Nobody has mentioned the special bonus $90,000 Esra was given last year for doing such a great job!
Apart from the money, the reputational damage done must be horrendous. I also dont think successive boards have covered themselves in glory. I'll post more on that later.
But the biggest cost IMHO is that for 8 years POH have held back development programs due to lack of money which by now may have been commercialised!
What is the cost of that? It is definately not just a measly $5.7million.
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OK the whole bloody saga is shite! Breathtaking in its audacity...
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