directors may be forced to resign

As the Tatts Group Ltd (TTS) Directors have placed most of their efforts on tendering for the NSW Lotteries bid in the event that their bid failed the shareholders would be left high and dry.

If they failed in their bid for NSW Lotteries shareholders would expect that all the directors would resign their positions as they have failed to diversify the activities of the company after such a long period of time.

The Directors of Tatts Group have had plently of time to assess other possible avenues to diversify the business and we have not heard anything back from them for many many months.