BGL 2.92% $1.32 bellevue gold limited

Ann: Successful completion of A$150M placement, page-81

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  1. 2,233 Posts.
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    It’s getting harder not to get shafted … I’m becoming a professional ‘shafteeee’! Things are bad enough trying to sidestep the shorters and algo traders without dealing with BOD/management whom, imo, tend to sell our retail souls to the wind. SAR, SLR, BGL are just a few. They don’t seem to care about retail holders so I really have to ask the question … do they really need retail holders at all?
    ASIC Doesn’t appear to protect the rights of retail shareholders, again, imo. I just looked up an organisation named The Australian Shareholders Association. Coincidentally, they were having a meeting today about 100ks away and if I had seen this earlier I would have attended to see what they’re about. I don’t think they are that representative of holders as there are only three venues (separate States) for upcoming meetings. On their website they state ‘Ensuring corporate transparency through company monitoring and policy advocacy’. I don’t usually voice negatives about a share I hold; however, if there aren’t standards expected to be upheld, then the shafting continues.

    Cheers …
    Cazzex
 
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