All I can say about this is ITS ABOUT TIME that these very dodgy Robinson people are removed from any influence over the direction of the company
Over the years I have followed this company they have regularly put their own self-serving interests before shareholders. Often rewarding themselves with huge salary and director fee increases while company performance continued to deteriorate, taking the share price with it. Never ever, ever paid shareholders a dividend, just destroyed shareholder wealth through incompetence
I do not accept that Rakon's deteriorating performance was market related. That's all part of the smoke and mirrors they use to explain more and more incompetence
I fully ascribe it to a lack of focused strategic direction, self-serving Robinson directors who are also senior managers, poor investment decisions, lack of knowledge/experience in market forces etc
It is always nice when people such as these are finally called to account
I hope the time nigh. But Brent is a very slippery character, so I'm not holding my breath