The Shadow Corporation

Nobody knows what's going on in a Shadow Corporation.

They don't provide any meaningful detail - ever.

The founder has resigned.

The chairman sold his soul to Cohort, under threat of removal, in order to keep his comfortable salary - how weak and pathetic, and very sad?

There has been retrenchments and resignations - but the grey suits report nothing.

The share price has declined 400%

They don't report a quarterly activity report.

They don't report a quarterly financial report.

These guys are the ultimate grey suits sitting in the corner, in the shadows.

A company in turmoil.
https://mumbrella.com.au/pure-profile-ppl-asx-chairman-andrew-edwards-turmoil-503144

They don't reply to inquiries, and they don't accept advice - heads in the sand stuff.

No innovation (because the innovation officer only lasted 2 months before resigning).

No progression, no expansion, no creativity - no hope.

This sector is being replaced by big data analytics and A.I. surveying - but they refuse to acknowledge.

A company of losers.

The statement from Ocean Partners (ie. Cohort) suggests a revolving door of those with financial responsibility at the organisation. It highlights last June’s departure of chief financial officer Geoff Nesbitt without proper explanation. It claimed that the company’s new head of finance Jennifer Butler then departed after just four months although “alarmingly, shareholders were not informed of her departure and no explanation was given”.

No one can reach the chairman for comment.

Catastrophe - in the shadows.

Gw