CRO 2.33% 8.8¢ cirralto limited

Ann: Board Changes , page-6

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  1. 18 Posts.
    "Mr Arulampalam was a key driver of the Company’s strategic change to become a player in the digital media arena".

    Good riddance. He hasn't lead the company for a long time. His interests were elsewhere.

    Time for a quick turnaround from the new leaders.

    I can't imagine a new leader with any business savvy coming into a company like this unless there was some flicker of hope that there was something interesting in the pipeline.

    Gradually, MOT is morphing into a new structure. My bet is there is something happening behind the scenes which required Jitto to get out in order for the company to move forward. It sort of ties in with the recent 'out of court' settlement of other businesses under MOT.

    However, as mentioned before by a fellow poster on here, for a communications company, MOT are so very, very poor at keeping the basic housekeeping processedures in place, like updating their webpage and more importantly, keeping the shareholders informed.

    For all of you who made a statement about 12 months ago as to where you thought the share price would be today, maybe a new style wager would be more appropriate as to when in the next 12 months this business will cease to exist.

    Lets see some transparency in this business please before we all lose what little is left of our investment.

 
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