MPO molopo energy limited

Ann: 2014 AGM corporate presentation to sharehold, page-6

  1. 24,386 Posts.
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    re: Ann: 2014 AGM corporate presentation to s... I couldn't agree with you more.

    Hence why I wrote what I did in my previous post.

    When I rang my Superannuation fund to tell them that I wanted to vote all of my shares in MPO held in there against the Resolutions, I was told that I couldn't because they are the holders in my behalf. NOMINEE ACCOUNTS!!!

    What hope have we got.??

    I have now come to the conclusion that I'd better sell out of all of my investments in that Superannuation fund, and transfer the whole lot of what I get into a SMSF which I can do what I like with, an control it in the way I want.

    Over the last few years I have seen my super fund wilting down to about 1/3rd or less than what it used to be, while seeing fees and charges running in the tens of thousands of dollars.
 
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