IBN 0.00% 2.0¢ ibuynew group limited

Ann: Retirement of Executive Mark Mendel, page-6

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  1. 503 Posts.
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    Just to clarify, my intention wasn't to say/imply IBN isn't doing well or heading in the right direction as a company. However, to walk away from a business you founded does not make me feel comfortable in Mark's motives or the underlying business. If he was as enthusiastic about the business as previously implied he would maintain involvement, even if it was in a lesser role. I get that he maintains a large share holding, but for how long? Wouldn't surprise me to see him slowly selling out, likely timed around positive announcements.
 
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