CFO 0.00% 1.9¢ cfoam limited

Yes and the reason is becsuse in Dec 12 they reported production...

  1. 1,306 Posts.
    lightbulb Created with Sketch. 20
    Yes and the reason is becsuse in Dec 12 they reported production was at 12k cubic foot, hence capacity was st 12k as well.
    They then did this magical debottlenecking and spent avlot of shareholders money on new machinery and upgrading existing machinery.
    Now we have capacity at 9k cubic foot and production and sales a lot less than that.
    So how can that be

    The new bloke told me he would be transparent yet he will not answer that question why or answer me in any way shape or form.
    Transparent? ? Rubbish.
    They have made excuses for 12 months and now with a new jockey they think they can reset the excuses for another 6 months.

    Chandler told people recently Placha was the wrong person, why did it take him a year to work that out? I told you all just after xmas cause when I see 3 Placha boys there I know it is too much a coincidence the 3 are the best people for the job.

    The new bloke has been there 2 months now and what has he done.
    I think we should be able to ask how they justify their pay packet.
    Brokers still get complaints when I ask questions yet they wont confront me.

    Apparently shareholders should not ask questions they don't want to answer.
    How they spend our money and what results they get from this surely is a fair question
 
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