AGS alliance resources limited

Ann: ATO Class Ruling Release and Capital Return Update, page-6

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    sorry to sound so harsh but such arrogant head strong domineering people like you seem to deserve their losses. you have been posting on this stock for years and obviously your judgment has been proved to be continually wrong. why don't you learn to lick your wounds & move on, humbly, in defeat, rather than continuing to perpetuate the delusion that you 'know'?

    now you continue to accuse the company of more inappropriate conduct, with your delusional "I don't believe" statement. since i started posting here, what i have judged has come true and what you people have judged (such as shareholders would get nothing) has been proved false

    do you really believe Ian Gandel exercised 15 million options at 15 cents in order to receive 12 cents back and then finance the company even more, even though the company already has a heap of cash?

    obviously, Gandel exercised his 15 million options to get back more than 15 cents

    AGS said:

    "The Company does not wish to propose a Capital Return of an amount greater than $0.12 per Share at this time until the Company has determined its potential tax liability (if any) in respect of the Sale in the current financial year (see Section 1.8(e)(i)) and the Class Ruling has been obtained from the ATO (see Section 2.7). Once these have been determined and the Class Ruling has been obtained, it is the intention of the Directors to consider making a further distribution or capital return to Shareholders within the next 12 months if it is determined that the Company has cash that is surplus to its requirements."

    it is you & your buddies here that were so illogical & so irrational when you encouraged holders to flee from this company after the sale of the asset at 10.5 cents per share

    there are new very large shareholders on the register and, imo, they & Gandel will force the company to pay out most of its cash

    this is my speculative judgement

    your version of 'AGS' is finished; it is dead. there is no more 'AGS-4-Mile'. AGS is merely a shell; a skeleton

    Last edited by ddzx: 22/10/15
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.