Amen, salary grab was so high it was doomed from the start. There was no way this had enough of a portfolio to be viable, had no track record of any success and with its costs was going to never have free cash to invest. Was a dog from the start, a good CFO or CEO wouldn't burn their career and reputation in this, but then if you live in NZ you probably think stay and let it bleed out ten go to another one
Ann: Appendix 4C - quarterly, page-13
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