TRY 0.00% 3.0¢ troy resources limited

RAMcap Ltd letter, page-20

  1. 1,538 Posts.
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    Hope you don't do that, things might not be as they seem and you would give them a blank check. A EGM will cost much more than JJ receives.

    Are you entitled to get your share of the CN?
    When John goes, who will replace him? Will you also have a say in choosing John's replacement?
    One director with an agenda of obstruction might be enough to topple everything. Will your CN holdings be worth 4-5x your shareholdings worth? Will they play fair if they represent 80-95% of creditors and you are 1-3% of creditors?

    If you oppose remuneration and individual directors, please act in your own interest and contact the company and demand change. Or maybe we should try to get 5% of shares ourselves and request an EGM with the remuneration and director proposals with no strings attached like RAMcaps approach and at the right time.

    I would advise you to check RAMcap's background and what happened in the past. It is not so much about removal of a director but placing a straw man onto the board crippling the company. Rest assured after RAMcap have board influence their "helping hand" they seem to offer now will vanish like a mirage.

    While I understand your motivation and won't argue against it (while having a different pov myself), please do not ruin everything for us other shareholders.
 
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Currently unlisted public company.

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