hangon
- 15 Sep 2006 11:20
Well after a year of agitatiion and consideration it looks as though Volvere have pulled off a takeover of NMT and kicked the old Board out. ( DYOR -this is early days!).
Back in Sept 2005 they approached many NMT shareholders floating the idea of a ousting on the grounds that the NMT Directors had done practically nothing for their fat wages. (my words)
Those who invested in NMT may see some changes, but Time will Tell, as always.
We shall have to wait for details, changes to certificates etc and no doubt the situation at NMT will be found "worse than expected" so don't expect a Quick Fix....but I hope the ex-directors have bought their deck-chairs and are preparing themselves never to work again.....any more....we don't need Directors of that ilk.
What had been a good idea... was too fanciful, -or- was it directed by donkeys?
Maybe we'll never know!
All IMHO as usual.