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2.6¢ benitec biopharma limited

Benitec rising, page-14

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mudpecker

681 Posts.

25

21/12/18

12:49

Post #: 36934323
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Originally posted by riskyrider ↑

Hey 1967,

They have a right to charge non shareholders for this information so if non shareholders see it then maybe they have a loss and that may be actionable. Still if you are a shareholder you have a right to a copy but don't publish it here. Not legal advice of course.

Still no need to be the docile animal that Ben Graham describes. You bought a bundle of rights and you are entitled. Still your name, address and number or shares are on it so I would assume you would not want to be contacted or have that information published. I think if you treat others as you want them to treat you you should stay on the right side of the law.

They have finally given me a copy but it was a breach though cause it was too late and I will make sure the directors are aware of it. Once I analyse it I may share some high level stuff no worries.

I do wonder how Nant control the company with just 23%. I will have to look at the voting structure. Does anyone here know what I'm missing here?

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It's all about leverage Riskyrider... Benitec needed cash and Nant were there to provide it (on their terms and to their benefit).

I am of the opinion that Benitec was in that scenario solely and wholly due to years of in-effective management by in-experienced managers.

BLT Price at posting: 13.5¢ Sentiment: None Disclosure: Held
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