Hey Sentia, yes, the appointment of the selected personnel would / could be a concern.
However, if I were ASX , I would insist that ASX select some new personnel to stablise HDY BOD for say a 12 mth period as part of the conditions moving forward. After 12 mths, if HDY is moving in the right direction then Clee & Co can take control Again, otherwise the selected ASX members still remain until milestones are met. I think there are many paths, milestones and timeframes ASX could take and impose certain conditions in allowing HDY to trade again. This is just one of many options available.
The above is the easy part to fix....any good mediator could solve the current issues, Black is black and white is white, grey areas are for mediators.
..I’m mainly concerned about what percentage of projects HDY actually own and how much of each project has been diluted / prostituted (excuse the expression)
HDY Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held