BLV 0.00% 1.6¢ blossomvale holdings ltd

agm - what do we want to see?

  1. 76 Posts.
    There is a lot of dissapointment with the current share price of the company and the short-term outlook.

    My question is, what outcomes do we want from the AGM? What do we want to see the board commit to?

    My suggestions are:
    1) board commits to 10% pay cut (showing commitment to turning NMS around)
    2) board commits to not exercising any share options until sp exceeds 50 cents per share (showing solidarity with long-term shareholders)
    3) board commits to quarterly reporting - specifically, debt position, Net Assets per share figure, sales, profit (to provide transparency to market)
    4) board commits to no further share dilution via capital raisings for the remainder of this FY (to provide certainty/confidence to long-term shareholders that their shareholdings will not see further disastrous dilution.

    NMS - no more share dilution.

    What (polite) suggestions would you ask the board to commit to at the AGM?

    Position: leaning over the computer screen hoping the wife doesn't see the current NMS share price.
    Sentiment: lt buy (closest I could find to long-term pain)
 
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