RE: Shareholders rights ....18 Oct 2022 19:22
SO WHAT WENT WRONG?
I can tell you in Two simple words: Cheryl Calverley.
This woman seems to be more experienced at playing snooker, https://snookerscores.net/player/cheryl-calverley than being a CEO. She clearly took her eye off the basics and went for the glory.
I am no businessman, but I'm pretty sure you set the foundation first. Reach profitability THEN think of expansion. Why on earth she continued in France, beats me. With Eight million dwindling month by month, surely alarm bells must have been ringing. Surely administration could have been avoided, if action had have been taken much earlier. With Two of the best mattresses in the industry and a 'Which' recommendation she has fooked up big time.
No consideration to P.I. who were lead down the garden path with RNS which should have been more honest, much earlier.