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AGM takeaways, page-189

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herewegoagain1

5,861 Posts.

1998

30/11/19

00:26

Post #: 41722039
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Originally posted by jackAJA ↑

You might want to check out Blue Sky Alternatives: They gave staff 5 million dollars "retention" bonuses when the company lost 100 million, it went into receivership after borrowing $50 million. So many assets have been sold back to their original creators or the managers responsible for causing the receivership.

BLA had NTA of 100 million plus deferred tax assets on 130 mill of losses as well as accrued fund performance which is paid on fund sales to BLA. The company was only required to pay back less then 100% interest and tonnes of the assets have been transferred to the lender. The receivers (who were hired for forensics by the CEO in a court case which as usual ended in a secret agreement) has still not released the annual report to the ASX despite 6 months having past.

I think we need to form a hot-copper shareholder association to get the laws changed. It probably only costs $20 million to sway an election, shareholders on the ASX stand to loose much more then that if things continue.

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Bloody great idea ! Shall we ask Connecthedots to run it for us ? Just kidding . You know that’s not a bad idea that could just work ! How many shareholder are getting stitched every day ! There should be an independent body to oversee the shareholders best interests just as unions do for workers . You’ve started the ball rolling anyone care to put some plan together I’m sure thousand of shareholders wouldn’t mind dipping in to start an organisation to look after us small guys ! “Shareholder for the people movement” ?

FBR Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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AGM takeaways, page-189

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Buxton projects new graphite province discovery at WA Narryer play

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Buyers (Bids)

Sellers (Offers)

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AGM takeaways, page-189

Top Stories

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Buxton projects new graphite province discovery at WA Narryer play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News