Management AGM MT stay or go, page-5

Sagittarius,

Unfortunately, this year has been a disaster.  The share price cannot go any lower and we can't continue to afford to pay a management team that delivers ZERO results (no professional investor or anyone else for that matter will come to the party to contribute additional capita where there is NIL expectation of a return under the company's existing management team).

Without a change in direction at the top we are sliding inexorably towards insolvency (our auditors, as of last week, clearly agonised about classifying APG as a coping concern).  This is not good enough.

As a major investor I counsel strongly for change and hope MT has the wisdom to act with grace and dignity and resign before the AGM.

No deal will ever be signed until the decks are cleared and investors (industry insiders and brokers) have confidence that the management team will deliver.  Under MT's leadership, we have achieved near bankruptcy - this isn't in anyone's interest, including MT's.

Time for a change - sad but essential.

Clack0