It never worried them in the past.
I doubt it would worry Joseph van den Elsen.
Ian and Brazil used to manage (engineer) the AGM to steer away from any issues.
Brazil is still listed holding 10m shares.
M Keen earned(?!) 400k including 100k cash performance bonus, running a business deep in red!
J vd Elsen salary is 225k (+ directors fees?) - running the business from Peru
We've been in "strategic review" for years with all the remaining cash washed through the wages
Based on my conversation with M & J there are only slim chances to recover the boat/funds.
In the past there was talk about 5m misappropriated through related parties to be pursued direct or via auditors (insurance?) - it was formally signed off by audit (!) - all that went very quite
Ann: Appendix 4G and Corporate Governance Statement, page-7
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $204.6M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 49.5¢ | 47.0¢ | $578.0K | 1.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 94147 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 55430 | 2 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| VYS (ASX) Chart |