GPP 0.00% 0.1¢ greenpower energy limited

Ann: Becoming a substantial holder, page-15

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  1. 740 Posts.
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    No I'm not happy to say they least on a lot of things. I'm not happy that posters on HC have been deepen ramping GPP for a long while, perhaps I understand their motivation. I'm not happy that a bunch of cashed up shareholders are trying to hijack the company and get seats on the board for themselves. A 5% stake IMO does not warrant a seat. IMO GPP had to ambitious plans and spread themselves too thinly that their attention was on the detail, they probably placed. faith in organisations to do the right thing and it came undone in the OHD trials. Clearly they needed a bit a more capital that would give them someone the responsibility of project managing. So yes there needs to be a review, yes things need to be done differently, but I'm not prepared to change the board as it would be likened to throwing the baby out with bath water, and I'll lose everything I've invested in GPP. For me that's too big a risk, especially with opportunists. Let's see GPP come up with a plan after the review to right the ship, this is what I want to see.
 
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Currently unlisted public company.

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