BSR 0.00% 1.3¢ bassari resources limited

Ann: Section 203D Notices, page-23

  1. 335 Posts.
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    I think this is simple. To get the vote, the directors have to put a proposal to all shareholders that demonstrates that they are working in the interests of all shareholders.

    If you vote yes without this then you are letting a small group of people steal the value of your holding from you.

    I will be interested to see if the people behind this are really trying to:
    - genuinely put this company on a respectable footing,
    - act responsibly in the interests of all shareholders,
    - put a fair proposal to all shareholders via a SPP for funds if this is required,
    - communicate properly to shareholders.

    Maybe BCM is in a position to loan the company funds if they control the board and can get the contract. The start up capital required is not that high.


    Last edited by regmann: 21/01/21
 
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