HIO 3.70% 2.8¢ hawsons iron ltd

Ann: Becoming a substantial holder, page-11

  1. 1,831 Posts.
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    lazy BOD.
    MD is virtually untouchable.
    not up for re-election due company name change.
    can’t get him via 2 strikes…. ASX rules allow MD to continue.

    how does BOD justify the 0.6 mil to Shaw and partners …. To find Regal?
    fark … I only have a modest amount of shares (500k)
    if I was a large holder in this company, I would have MD and chair dancing like monkeys.

    on saying all that, this thing has been beaten to a pulp, spending the CR money wisely, actually adding some value …. Will get it moving.
    perhaps 2nd qtr running up to mid year.

    gla … monkeys included
 
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