well, I expect that the pending rusty lake results will come back as a duster. But no idea when we'll get them and what effect it will have on the share price.
As for calling a meeting, it doesn't sound like the board gives a sheet about our shareholder activism unfortunately - from the response that spoilt shared anyway.
In my honest opinion, I think some open dialogue with the company to get some answers at this stage is the best option, and then if nothing is done or they are unaccommodating, then perhaps a meeting where we can propose our own resolution(what ever it may be) as long as we're confident that we have to backing of the majority of shareholders. Otherwise I don't really see the point of holding a meeting with resolutions that only a few shareholders will actually vote upon.
But I'm not so sure about legal action at this point, as it would be potentially expensive and time consuming. Plus I'm not sure that we have grounds for legal action...or at least grounds that would stick. But then again I have no idea. I'm just not convinced there would be a positive outcome for shareholders whatever the result...
I also think shareholders as a whole, had their chance to show their point of view in the latest AGM, but unfortunately, either most shareholders didn't vote or voted in favour of the proposed resolutions. So, disappointingly, that has taken the wind out of the sails as to the shareholder activism IMO. and given an indication to me that either the majority of shareholders don't agree with us or they don't really care and are just playing the waiting game.
Maybe an organised QandA may be beneficial?
Obviously I'm not happy with management but I'm not sure what the solution is from here.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)