Smiles Inclusive has now warned its headed for a loss of at least $4m for 2018-19
A flood of requisitions for EGMs have caused extra instability
Almost $50 million in sharemarket value has vanished in a year.
The drills-at-20-paces boardroom stoush is now causing some serious decay on the bottom line at ASX-listed Smiles Inclusive.
The Queensland-based dental group warned in a late missive to the ASX on Wednesday night that it now expects to suffer a statutory loss of ''at least $4 million'' for 2018-19.
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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
