Septic1, muckypupGuys I feel sorry for you, but I got sucked in...

Septic1, muckypup

Guys I feel sorry for you, but I got sucked in worse. I bought on the back of Gordon McKern and Jeff, everything running great. I'm talking big $.

Then second major shareholder Powis (see Powis Enterprises AKA Andrew Powis CEO), creates a coupe, gets rid of both of them and gets made Group CEO.

Upsets all subsidiary management by removing all autonomy and instilling a divisionalised communistic rule approach. I am the Group CEO, I want to review everything, tenders, contracts, payments, when you go for a crap.

Naturally, all the best people left.

Since then it's been recruit managers, make the decisions for them, and fire them as scape goats, when the numbers don't come.

A milestone is coming if I'm not mistaken. The lease property that National operate from is coming up for renewal for another 5 years. Will they renew or cancel ??

If they cancel they have to right of millions in purchase price and mega redundancies. If they renew they are locked into a major lease for another 5 years with loss or profit. To date maga loss through buying work.

My view only, DO YOUR OWN RESEARCH.

Olesarge

Sorry, just changing headings.