Yep soud, understandably sentiments of outrage would be widespread coupled with disgust with calls for regulatory intervention and the class action mooted here.
The lack of surprise could be attributed to the quizzical in your face chain of corporate events over the last 12 months (e.g. director appointments, friendly share placements and share issues and the questionable CEO bonus).
Query to what extent that the never ending, unquestioning blind faith support for all things the Board and the CEO by their loyalist disciples here (two in particular) and their ridicule of concerned posters, may have given , unintended or not, licence to the Board and CEO to ride roughshod over us.
If that amounts to conditioning leading to takeover by attrition, as some here have recently expressed throwing in the towel, could it be a pointer to an opportunistic management buy out and compulsory acquisition for a song?
CDY Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
