RE: In light of the RNS that lse has as30 Mar 2020 10:20
With a BoD of currently four, there is no deciding vote on any decision, since the Chairman passed away (may he RIP)?
So it imo, it needs another director? Now some say, George and Satu are ok (SL RHD etc) and some say not?
So, in the "interim" whilst we all decide which way to vote? I was suggesting, instead of immediate removal, they agree to reduce their power (demote themselves and reduce drawings) and install fresh blood, ie Suzy, maybe even Victoria, who already have knowledge of Co and its projects...
Of course it would mean trusting the all directors, acting in the best interests of the "Company" but if say some did not agree with say George, there would be safety in numbers...
For example... CEO Suzy, COO Victoria CFO Gerry Chairman ??? Co Lawyer Kevin NED Satu NED George? makes seven, so to counter this, (sorry, but funds are short) remove both Tarquin and Kumar, as PR is non existent and sales well we are a while of anyway?
And focus on the science, using outside agencies as and when (and ONLY when) needed!
Markets and shareholders, would see George and Satu either working to impress or simply giving up? The choice would be theirs? But, it is better than the alternative imo?
Not saying its right not saying Ive changed my mind... Just thinking out loud!
But, with seven directors, chances are only SENSIBLE decisions would get past any vote? And with Suzy and Victoria having their say enhanced... more chance of success imo ?