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Only 176m bothered to vote today. Retail investors are renowned...

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Blitzz

60 Posts.

59

29/11/18

19:45

Post #: 36694501
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Originally posted by Blitzz: ↑

Have you considered how much of a blocking stake retail shareholders could have?
I bet you would get more than 10%
You should seriously consider organising a shareholders block to pressure these guys to change whatever it is they have been doing.
Its clear Gray is acting on behalf of Cartesian. Whatever leaks are coming from the board cannot be trusted as it is common practice at this end of the market to delay everything and take attention from the real issues with red herrings. Its known as "distancing" when everything is prolonged so people forget the original issue or claims - in this case Grays wild claims at the beginning of the year. They rely on shareholders to give up and just sell enabling them to rinse and repeat the squeeze on the next lot.

With a large, organised, pro-active group you would be amazed how much more of a chance you have of getting something back.
At the moment you are being blatantly ignored and to be honest, used as a cash cow by Cartesian.
What have you got to lose?

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Only 176m bothered to vote today. Retail investors are renowned for not voting.
Get 10% and you could seriously have a crack at getting cartesians number on the board back to 2 - which is all they are entitled too.
You may even bring Pinto onside if he has been shafted by cartesian since December.
You never know what you could achieve but doing nothing is guaranteed to result in cartesian and anglo leaving shareholders with nothing.

OGX shareholders still have elisio which is what anglo want. Gray and cartesian knows its value and maybe don't want shareholders to know its worth. This could be why elisio results have never been released to shareholders.

OGX Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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