The Sydney Morning Herald in its Business Section under "CBD" reports on Wednesday April 4. 2018:
"EYE ON OPTISCAN
And the tit for tat continues at Optiscan with executive chairman Alan Hoffman releasing a Q&A to the ASX that tipped a bucket on the company's rebellious former boss - ex-soccer supremo, Archie Fraser. "He was not pushed," said Hoffman's release, which points out that Fraser received all of his entitlements including 4.5 million share options and six months salary in lieu of notice.
When asked if he had any concerns about Fraser's performance as CEO, Hoffman replied:"We are not in a position where we are able to discuss this matter."
When asked about the mass exodus of talent, including company founder Peter Delaney - who is part of Fraser's push to overthrow most of the current board - Hoffman admitted that Delaney tendered his resignation March 15.
This was the same day Fraser's mob issued a requisition notice to purge the board. Optiscan reported his resignation to the ASX on March 27." when it became absolutely clear there was no chance of reversing his decision to resign"."
I wish CBD would have found out more!
I hope clear heads prevail, a compromise is found, a solution is close and no GM is needed!
At NABTRADE it is stated as per today: OIL is trading below its MORNINGSTAR fair value estimate of 0.117!!
That gives me hope!
wink99
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The Sydney Morning Herald in its Business Section under "CBD"...
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