Ann: Director and Management Changes, page-4

Hmmmmm.... feels like there is more to this than meets the eye. Henry didnt seem to have done much wrong in terms of cleaning up the company and putting in place a clear strategy to balance the books, apart from his slow communication to the market. You have to wonder if he was pushed or if he got frustrated by someone blocking his ideas or progress.
So what now!? Im surprised Argosy dont just buy this company given their large shareholding and the low share price and then just strip out the bits they dont want and keep the bits they do which is probably the break even bit of the business.