The former CEO and chairman have a combined 18 per cent stake.
They have requisitioned an EGM to dump the new board.
Totally Smiles had an issue price of $1 in its April, 2018 IPO.
A nasty boardroom stoush has erupted at ailing dental company Smiles Inclusive as the former chief executive and chairman attempt to overthrow the new guard.
Smiles Inclusive, which trades under the Totally Smiles brand, operates 56 dental surgeries but has been a disastrous performer since listing on the Australian Securities Exchange almost a year ago.
Loading...
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
