ASE 3.33% 3.1¢ astute metals nl

wt , page-5

  1. 5,079 Posts.
    Robben

    I have found that individually they ignore most shareholders, or simply give them the company line

    What it needs as shareholders to unite or form a shareholder group to have a collective voice,


    it is not just with this one but many or most treat shareholders poorly, while lining the pockets of these sophisticated ones at others expense.

    The same thing when contacting the ASX or ASIC, it needs a collective approach,
    where shareholders unite, have a few people to collect answers, and more importantly number of shares in order to say right I represent a group who have xx% of shares and we would like answers to this.

    Some reading this will know exactly what I mean regarding another company that is currently suspended because of this united approach.

    Now that company had no real assets or those that could not be traced in obscure countries.

    Look ARO has tenements in Australia, we can clearly track these, they are in very successful areas where others have confirmed resources and zooming shareprices.

    However no listed company should take shareholders for granted, no company should ignore questions regarding the need to do placements when it is not essential, form what information we have, and if it is essential then we should know what it is for or why they seen fit to do so before any details

    Directors should be answerable to it's shareholders and accountable for their actions and decisions.

    I have no hesitation in saying this and shareholders should get together and have a united voice.

    It is quite easy but requires a little trust in a couple of people, numbers are the key, but in shareholders and actual holdings. disclosures don't have to be on a public forum, they can be done and collected via e-mail.

    I know for a fact directors read these posts
 
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