I am not disputing the legality of what you are saying MM.
Just questioning the glib 'spin' you've applied to "People may forget, but the entire Destra Board agreed the acquisitions - it wasn't just Domenic. And the shareholders supported the Board at the time. It was also the entire Destra board who approved the use of Opes Prime, which was really what brought Destra undone." lol
Really, . ........ we all know the reality of Boards ticking-off pretty much what they are asked to by Chairs/CEOs. This is then presented to the EGM as a fait accompli and rarely, if (n)ever, get voted down (at any stage in the process). This would be a vote of no confidence in the board/CEO and you'd be reading about it in the newspapers.
I'm surprised to hear you suggesting this was anything other than being 'railroaded' through - like these matters always are.
Dom had the opportunity to walked away before Destra went belly up - obviously he could see it coming. Not like the other mug retailers who were left holding the empty bag.
You sound very close to the action. But maybe I've got it all wrong?
MM, I normally hold your words in high regard. Sorry if my words are stern, but today you've come across as an unconvincing apologist.
CM8 Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
