By Steve Moore | Wednesday 26 October 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Writing on parcel freight, secure courier and logistics services group DX (DX.), last week with the shares at 24p I questioned two years corporate governance shambles “concluded” and that with also it still very much having to prove its corporate governance “progress” and also still without a CEO, I continued to avoid. Now a 20% shareholder in the group has announced it has served notice to convene an EGM to vote down Executive Chairman Ron Series and replace him with Mark Hammond.
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