Just been through a similar situation with HDY where SH's replaced existing directors. Early days yet but with the company managed and run by shareholders with skin in the game it certainly feels like we will benefit from our bloodless coup.
Not quite up on the correct terminology but I believe a "signed 249D form" and a collective 5% shareholder representation is required.
If there really are some significant potential assets/ leases in play, this may be a viable way forward.
DYOR
- Forums
- ASX - By Stock
- Ann: Appendix 5B
Just been through a similar situation with HDY where SH's...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GFS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online