PPY 0.00% 1.3¢ papyrus australia limited

From 30 June 2015 Annual report. .... "The Managing Director –...

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    From 30 June 2015 Annual report.
    .... "The Managing Director – Ramy Azer – has recently returned to Egypt to direct the commissioning of the banana veneering and fibre production machinery at the factory in Sohag which to be operated in joint venture by EBFC and the Company through Papyrus Egypt."

    So THIS is the culmination of RA's work over the past 3 years.

    WTF ???

    The more the Board issues updates,  the more they dig themselves into an embarrassing hole.
    I wonder if the word "competence" means anything to them.
 
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