Its all pending review, thus why only 3 board members currently.
Independants will be post review. Also we have to remember the cost savings this will bring to destra with the board reduced.
I have worked with Lexicon on several projects, great operators, know the right people and definately a new high profile media CEO will be onboard post review.
Yes a sad day for destra historians, but we all need to remember the share price was under 10 cents for a reason and like any job, the board are accountable. Prime and Lachlan had there shares at 25 cents, so they had to make the change.
the tree is being pruned, ready for it to prosper again.
the market likes what it sees, thus the increase int he SP, who knows we may even get a dividend from this baby... Prime will be wanting returns.
Instos should be more confident and the balance sheet looking better.
They will need to offload QFX and I am certain they are making progress here already.
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