VAN 3.85% 7.5¢ vango mining limited

MD gone!!, page-7

  1. 674 Posts.
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    Great post - Cubism!

    Why was Zhu originally hired?
    Why was Zhu allowed to stay so long?
    What did Zhu actually gain for the company during his tenure?
    What success contractual objectives were initially set for Zhu?
    How was the remuneration of Zhu aligned to gain & loss of shareholder wealth?
    Despite the decrying of shareholders for many years why did it take until now for Zhu to go?
    How is the board NOT entirely responsible for the long-time debacle performed throughout the tenure of Zhu?
    Given the board has dithered away while Zhu produced only complete shareholder value wastage why should this board not be jettisoned also?
    How could this company now raise any investor capital or even blind faith on the back of this smoking ruin?

    Quite Frankly (not Zhu this time) the entire levels of upper board and executive management is either dithering, inept, incompetent or rotten or all of the above. All took the their salaries, fees, lunches, cognac and cigars of the shareholders' hard-earned for many years and bled them dry by over 98%.
 
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Currently unlisted public company.

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