The new chief innovation officer resigns without making one (1) innovation. So what was that all about?
MD and founder abandoning ship when it's being crucified, after listing on the ASX, from 50 cents to 12 cents, after buying and directing the Cohort disaster - then leaving. Well, that's gotta engender confidence in the company.
They've now appointed Deloitte as finance controllers - so what does that tell you?
At least the new MD guy has excellent credentials and experience.
I suspect there has been more than a few staff resignations as well.
A train wreck. All the funds have sold out. The Cohort director has resigned. The financial director/manager resigned some months back.
Is there a bottom?
Will they survive.
I note Mr Chan leaves before the financial half yearly report - so what will that look like? I don't want to read it, out of fear.
Wish I had never heard of this stock.
Gw
PPL Price at posting:
12.0¢ Sentiment: None Disclosure: Held
