"Ooi resigns... effectively immediately." Confirmation of failure.
"Whilst the Board is currently finalising the terms of Joanne’s departure (and will update the market as to such terms in accordance with the ASX Listing Rules), Joanne has undertaken to continue to assist with marketing and creative direction for the remainder of the calendar year." How euphemistically quaint.
Really, haven't shareholders taken enough of a hiding?
But there's more... "As announced in June, Plukka is implementing a revised lower cost “bricks and clicks” business strategy to grow on-line jewellery revenues..." How does that strategy lead to growing on-line revenues? It's a non sequitur. Ontological crap!
Hopefully, this a part of a grander plan to dump the thing back in her lap in exchange for the vendor consideration.
PKA Price at posting:
3.0¢ Sentiment: None Disclosure: Held