Crafty statement - I like a punt - any speculation that my personal gambling can be linked to my professional career which dedicates 60 hours per week is ridiculous -
Has an account but within its terms- it’s personal and has nothing to do with McGrath Ltd - doesn’t deny claimed debt , just infers that his gambling should not be linked to McGrath as its distracting —— mmmmm- and like all Australian I love a punt- oh its al ok then for a chairman and ceo of a company which has performed like a lead balloon
Pretty much a statement to do about nothing
So if he wasn’t distracted - why the loss of 25 million plus- why the loss of high earning agents and a board of directors?
Does the company still provide unsecured loans to mr McGrath —- so unusual
MEA Price at posting:
42.5¢ Sentiment: Sell Disclosure: Not Held