here is a suggestion for all AEZ holders, how about you e-mail the clows running AEZ and tell them to reduce APN's management fees, ie make them take 50% in cash and then force them to use the other 50% to go on market and buy AEZ stock.
from my calulations APN is gettinga round $6m in fees pa, imagine if APN had to use $3m of their fees in buying AEZ stock on market?
that would soak up a lot of stock and put a floor under the price.
the last time i looked APN (APD is its ASX code) had around $10m in cash on its balance sheet. ask yourself if you have seen these guys use any of that cash and support the share price?
now they will probably say they cant buy because of whatever negotiations they have going on. thats a load crap because these guys are lining AEZ up for a big recapitalisation so that they retain their precious management fees.
if APN doesnt agree to using 50% of its management fee to buy stock on market we should call a shareholders meeting and vote for the removal of APD as the responsible entity and they put this stock into the hands of an administrator. we would get back more than $0.08 and be able to use or cash more effectively and stop these clows from milking the company ant more.
if you agree, i suggest you all e-mail that clown Tim Slatery at APN and demand that they do more than collect fees and try to dilute us into oblivion.
ONE UPSET STOCK HOLDER!!!!
POWER TO THE SHAREHOLDERS!!!
here is a suggestion for all AEZ holders, how about you e-mail...
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