I have my own sources and know that this is to be untrue.
Yes some senior level staff have been fired but there have also been several new appointments....it is obvious many of the staff needed to go and go quick.
Amanda has a track record of turning companies around so I would say lets give her the benefit of the doubt !
I would only assume that she did her full research on CDR before taking the role.
I think more will be revealed in the coming weeks but I remain a happy holder given that I hear the business will turn around and that non - core asset sales are already in progress.
CDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held