None of this with surprises me at all, you people were all warned/advised whatever you like to call about this CEO, companies need to wake up before engaging these types. For some reason they get sucked into a name of a EX high profile person and then get reminded pretty quickly that they don't have the executive experience to run a public listed company.......as we have already suggested to you people, check out what happened at Enerji and the wildcats for that matter......Executive Chairman Cotton must have seen something that didn't ring true and i would suggest he is on to it and another exit may be on the cards.
Public listed companies should be completing thorough due diligence before engaging these types. Shareholders have a right to be outraged here and at Enerji.
ICT Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held