Former interim CEO John Journee has been appointed as the retailer’s next chair, replacing Joan Withers, who says the board has been through ‘crucible of pain’.
Net profit falls 43% to $124.5 million in the six months ended September 30.
SaaS for tradies company on the ropes but claims to have initial interest from buyers.
More than 20 listed companies are due to report in the next fortnight and it won’t be pretty for some.
The tech and manufacturing company has held what could be its last AGM.
At its shareholder meeting, steel producer details a strategy to combat a tough market, dip in share price and market demand.
The company makes investment decisions on the basis that regulatory settings won’t be interpreted or changed in a way that undermines a fair return.
Shareholders’ Association will vote against all resolutions at Colonial’s AGM on Friday ‘to make a point’.
Board refuses to say what they think company is worth after takeover talks were canned.
Board says unnamed third party proposed a transaction yesterday which fell short of what it thinks Sky is worth.