Does anyone has something to add the new director's track record? The below is from page 7 of the annual report. Any chance of the company being turn around by the new directors?
from the annual report(p.7) =============================== Mr David Williams (Chairman, Non David Williams is an investment Banker with some 30 years experience in the industry.
His experience goes back to being head of the corporate finance department at Ord Minnett Securities (later J P Morgan) and BZW Australia. Mr Williams has spent the last 7 years as a partner at Carling Capital Partners.
Mr Williams was Chairman of the board of Directors of travel.com Limited ("TVL") for five years and was a Board member when TVL was taken over by Wotiff in 2007 for $55 million.
MOT Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held