BOARD LEGITIMACY - ALL FORFEITED6 May 2021 11:43
No competent, ethical BoD would issue such grossly divergent CPR without explaining disparity between 2017 & 2021. A simple task - a few paragraphs intelligible to lay shareholders.
Nor ignore reasonable communications over lengthy timespan from 2nd largest shareholder & long term supporter.
No competent, ethical CEO salaried at almost half a million pa would remain silent for so long. No ethical Chair or BoD would permit such silence.
When a company enters troubled waters, it is imperative not only to act properly, but to be seen to be acting properly.
The BoD's strategic, long term behaviour is the observe of competent, ethical, correct. The BoD are ethically moribund.
Ergo, the Bod have forfeited all rights to shareholder trust.
Shareholders have complete right to doubt the legitimacy of 2021 CPR. Notwithstanding other aspects, financial projections are fiction.
The latest RNS is a disgraceful document redolent of high conspiracy and duplicity. It is an evil.
An aside - Alistair Stobie departed after refusing to be party to hiding a developing OWC issue. My source is impeccable. It will not be revealed. I do not break confidences