Tillkännagivande • Sep 22
Pro-Pac Packaging Limited, Annual General Meeting, Nov 28, 2025 Pro-Pac Packaging Limited, Annual General Meeting, Nov 28, 2025. New Risk • Mar 05
New major risk - Revenue and earnings growth Earnings have declined by 59% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (AU$3.63m market cap, or US$2.28m). Tillkännagivande • Feb 22
Pro-Pac Packaging Limited to Report First Half, 2025 Results on Feb 28, 2025 Pro-Pac Packaging Limited announced that they will report first half, 2025 results on Feb 28, 2025 Board Change • Nov 27
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CEO, MD & Executive Chairman John Cerini is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Mark Blackburn was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Oct 28
Pro-Pac Packaging Limited Announces Retirement of Rupert Harrington as Non-Executive Director On October 28, 2024, Pro-Pac Packaging Limited announced that non-executive director, Rupert Harrington, has announced his retirement from the board effective from the end of the 2024 annual general meeting, for personal reasons. The board intends to appoint another director to replace Rupert Harrington in due course. Tillkännagivande • Oct 14
Pro-Pac Packaging Limited, Annual General Meeting, Nov 21, 2024 Pro-Pac Packaging Limited, Annual General Meeting, Nov 21, 2024. Location: the offices of herbert smith, freehills, level 24, 80 collins street, melboure victoria, 3000, melbourne Australia New Risk • Sep 06
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$7.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.2m free cash flow). Market cap is less than US$10m (AU$12.2m market cap, or US$8.20m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Market cap is less than US$10m (AU$12.7m market cap, or US$8.21m). New Risk • Mar 01
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$8.5m Forecast net loss in 3 years: AU$2.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$2.8m net loss in 3 years). Market cap is less than US$100m (AU$41.8m market cap, or US$27.2m). Buy Or Sell Opportunity • Feb 21
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to AU$0.29. The fair value is estimated to be AU$0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 7.1% in 2 years. Earnings are forecast to grow by 75% in the next 2 years. Buy Or Sell Opportunity • Feb 21
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to AU$0.29. The fair value is estimated to be AU$0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 7.1% in 2 years. Earnings are forecast to grow by 75% in the next 2 years. Tillkännagivande • Oct 20
Pro-Pac Packaging Limited, Annual General Meeting, Nov 21, 2023 Pro-Pac Packaging Limited, Annual General Meeting, Nov 21, 2023, at 13:00 AUS Eastern Standard Time. Location: Level 24, 80 Collins Street, Melbourne Victoria Australia Agenda: To consider Financial Report, Directors Report and Auditors Report; to consider Remuneration Report; to consider Election of a Director Mr. Mark Blackburn; to consider General approval of issue of securities under Performance Rights Plan; to consider Issue of Performance Rights to Mr John Cerini; and to consider Variation of the terms applicable to 2022 Performance Rights issued to Mr John Cerini. Reported Earnings • Aug 23
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: AU$0.047 loss per share (improved from AU$0.52 loss in FY 2022). Revenue: AU$339.1m (down 16% from FY 2022). Net loss: AU$8.49m (loss narrowed 80% from FY 2022). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 1.2%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Global Packaging industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. New Risk • Jul 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (124% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$5.5m). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$46.3m market cap, or US$31.9m). Tillkännagivande • Jul 11
Pro-Pac Packaging Limited Announces Resignation of Geoff Cashion as Director Pro-Pac Packaging Limited announced that Mr. Geoff Cashion has tendered his resignation as a director. Tillkännagivande • May 06
Pro-Pac Packaging Limited Appoints Geoff Cashion as Independent Non-Executive Director Pro-Pac Packaging Limited announces the appointment of Mr. Geoff Cashion as an independent non-executive director. Geoff's appointment is effective immediately, and he will stand for re-election at the 2023 annual general meeting. Geoff has extensive industry and management experience having worked for Visy Industries for over 20 years. During his tenure at Visy he held senior general management positions responsible for state operations, as well as specific operational and distribution management positions. Major Estimate Revision • Mar 02
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from AU$375.3m to AU$369.5m. Losses expected to increase from AU$0.036 per share to AU$0.044. Packaging industry in Australia expected to see average net income growth of 19% next year. Consensus price target down from AU$0.43 to AU$0.41. Share price rose 12% to AU$0.37 over the past week. Reported Earnings • Feb 25
First half 2023 earnings released: AU$0.04 loss per share (vs AU$0.002 profit in 1H 2022) First half 2023 results: AU$0.04 loss per share (down from AU$0.002 profit in 1H 2022). Revenue: AU$183.3m (down 25% from 1H 2022). Net loss: AU$4.92m (down AU$5.05m from profit in 1H 2022). Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Global Packaging industry are expected to grow by 4.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 10
Pro-Pac Packaging Limited to Report First Half, 2023 Results on Feb 24, 2023 Pro-Pac Packaging Limited announced that they will report first half, 2023 results on Feb 24, 2023 Tillkännagivande • Nov 23
An unknown buyer acquired Source and Sell Pty. Ltd. from Pro-Pac Packaging Limited (ASX:PPG). An unknown buyer acquired Source and Sell Pty. Ltd. from Pro-Pac Packaging Limited (ASX:PPG) on November 22, 2022 which is an effective date. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Leonie Valentine was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Leonie Valentine was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 07
Pro-Pac Packaging Limited, Annual General Meeting, Nov 22, 2022 Pro-Pac Packaging Limited, Annual General Meeting, Nov 22, 2022, at 14:00 AUS Eastern Standard Time. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. CEO, MD & Director Tim Welsh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorated over the past week After last week's 22% share price decline to AU$1.04, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Packaging industry globally. Total loss to shareholders of 27% over the past three years. Tillkännagivande • May 12
Pro-Pac Packaging Limited Announces Executive Changes Pro-Pac Packaging Limited announced that Chief Financial Officer (CFO), Iona MacPherson has resigned. Darren Brown, PPG Non-executive Director and experienced public company CFO, will temporarily assume CFO responsibilities for an interim period whilst the company commences a process to search for Iona's replacement. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 16% share price gain to AU$1.39, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Packaging industry globally. Total returns to shareholders of 4.7% over the past three years. Tillkännagivande • Apr 11
Cormack Packaging Pty Limited entered into binding agreement to acquire PB Packaging from Pro-Pac Packaging Limited (ASX:PPG) for AUD 56 million. Cormack Packaging Pty Limited entered into binding agreement to acquire PB Packaging from Pro-Pac Packaging Limited (ASX:PPG) for AUD 56 million on April 10, 2022. PB’s current leadership team will join TricorBraun and all 140 PB team members will be offered positions with the company. PB will operate as PB Packaging, a TricorBraun company. The company will continue to operate as a stand-alone business. A transitional services agreement has been entered into to support the transition of the Rigid business and its operations from Pro-Pac to TricorBraun for a period of up to 12 months following completion. The transaction is expected to close in the second quarter of 2022, subject to the Australian Foreign Investment Review Board approval and satisfaction of other customary completion conditions. Major Estimate Revision • Mar 03
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$445.1m to AU$473.3m. EPS estimate fell from AU$0.09 to AU$0.06 per share. Net income forecast to grow 509% next year vs 21% growth forecast for Packaging industry in Australia. Consensus price target down from AU$2.06 to AU$1.38. Share price fell 4.7% to AU$1.32 over the past week. Reported Earnings • Feb 28
First half 2022 earnings: EPS and revenues miss analyst expectations First half 2022 results: EPS: AU$0.002 (down from AU$0.076 in 1H 2021). Revenue: AU$244.7m (up 4.4% from 1H 2021). Net income: AU$128.0k (down 98% from 1H 2021). Profit margin: 0.1% (down from 2.6% in 1H 2021). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 6.8%, compared to a 11% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 131% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to AU$1.38, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Packaging industry globally. Total loss to shareholders of 23% over the past three years. Major Estimate Revision • Nov 30
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from AU$0.25 to AU$0.17 per share. Revenue forecast steady at AU$449.0m. Net income forecast to grow 77% next year vs 18% growth forecast for Packaging industry in Australia. Consensus price target down from AU$2.85 to AU$2.43. Share price rose 5.6% to AU$1.90 over the past week. Executive Departure • Nov 29
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 29
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 28
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. We don't have any record of a personal shareholding under Marina's name. Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. We don't have any record of a personal shareholding under Marina's name. Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 27
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held only 8.16k shares (AU$16k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. We don't have any record of a personal shareholding under Marina's name. Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 26
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 25
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 25
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 25
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 25
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 25
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 25
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 25
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Executive Departure • Nov 25
Independent Non-Executive Director Marina Go has left the company On the 23rd of November, Marina Go's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of September 2021, Marina still personally held 81.60k shares (AU$163k worth at the time). Marina is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years.