So let me get this right......
You have a board member resign on behalf of a major shareholder AL Capital and you want an EGM called.
I look at things logically.
* I ask myself why hasn't this major shareholder (visibly) purchased one share of MNS on market in over 18 months?
Keep in mind this same Company has regularly supported McGrath Real Estate during this timeframe with regular on-market purchases (so lack of available funds is not the issue).
* Why did Warwick Smith suddenly depart? This is the same guy who stated that AL Capital fully supports the business of MNS at last years AGM. It seems his words were lacking in substance IMO.
* I ask myself why IMO has this stock been manipulated in a downward trajectory with orchestrated buy and sell volumes for 18 months?
If AL Capital are so committed to the business why would 2 board members resign in 24 hours.
The question needs to be asked, have AL Capital not been up front about their investment strategy in MNS?
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