ZLD 7.50% 74.0¢ zelira therapeutics limited

Ann: AGM Date and Closing Date for Director Nominations, page-3

  1. 2,145 Posts.
    lightbulb Created with Sketch. 602
    That'd be great but they've got too many of the voting shares imo.
    Shares for the merger (Zelira/Illera)
    Topped up with performance shares - that's pretty laughable - never deserved/earned.

    From the history of ZLD that I'm aware of, they've never bought on-market.
    Contributed to any CR ? Not that I'm aware of.
    They've always rewarded themselves with salaries that are so ridiculous compared to the benefit they bring to the business.
    Make a number of joint-venture-type agreements, many of which fail pretty soon - latest example obviously being attempted takeover of HHI. Give them a loan, spit the dummy, take it back...

    Mix it up with Universities, Hospitals and anyone else who has actually earned prestige on their own merits, ride off their coat-tails, not too difficult to see the picture.

    The black-and-white picture since the last AGM is clear with the continued devastation in the shareprice.

    They chose to delay the AGM to mid-Jan 2022 but it didn't help.

    At that AGM the sp was 3.3c

    Mid-March they announced a 175:1 consolidation which means that 3.3c AGM sp equated to $5.77

    It didn't take them long to knock yet another 75% off the value of Zelira eh...

    So yes, of course they should be voted out (imo) if that were possible but I reckon the only way anything will happen is if they choose to step aside of their own volition.

 
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