What a great post, you seem to know a lot about old DDT. It just doesn't make sense to me, get rid of the people who invented the system, formed the company and as you say, took the 'Gospel" to 30 countries. It doesn't make sense that other major shareholders have allowed this fiasco to continue. what about the other long time director a Mr Flowers, where is he in all of this, the silent and totally ineffective director.
The money is running out, when is their major shareholder the Thorney Group going to move in and put an end to all this nose in the trough total mess.
This company is in its death throes and Rathie has no idea what to do, not a clue and nor does his self anointed management as you say, from a company is is involved with now. Trouble is, Rathie is a supposed professional director who in their right mind would keep him on their Board, people who don't know what is going on.
The Financial Review should be investigating this mob, ASX and ASIC won't. Oh bring back 'Pierpont" with Trevor Sykes, what a job he would do with this mob, in fact, I may contact him and bring him out of retirement to have a go at this mob, what a read it would be.
DDT Price at posting:
0.7¢ Sentiment: None Disclosure: Held
