On or about 18th Oct both Ross Smith and Ross Nairn were ‘fired’ but in polite ‘business speak’, such sackings are reported with less vigour as ‘resignations’. Whatever, the resulting outcome is Red October with no-one at the helm……….. at least for all we (shareholders) know.
Some comments on this forum were made by (director)Norman McCleary but to date, nothing of any substance. Is it too much to ask the company (via directors McCleary, Sassine or some backroom string puller at Segue) what is currently going on and / or what moves are afoot to get the company re-listed and / or shunted forward in some fashion so shareholders can make some plans for the future?
Is there a potential capital raising prior to re-listing?
Is there a possibility of getting some of the deposit monies returned from one or both projects?
Is the company destined to be wound-up or sold off?
I know none of the above can be answered if actually one or some are in progress. However, I would have thought we’d have heard some news by now!
ROS Price at posting:
35.0¢ Sentiment: None Disclosure: Held
