While the regulator is looking at things why don’t they look into the relationship between Amaroo and their mates from Singapore, Max Coal, that also seem to own a significant position in B2Y. Together they are way over 19.9%. I am guessing Max Coal votes everything through for Amaroo. Isn’t that nice of them.
As a shareholder I would like to see some disclosure on this proposal from QCoal which from the above could be much better for shareholders but maybe not for the cosy Amaroo club.
B2Y Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held
