If you aren't the company spokesman how did you come across these FACTS out of Nigeria?
Here are some FACTS out of Australia.
This is an extract from the
"Rights Issue Offer Memorandum"
"I am pleased that we have reached this stage and your Directors recommend this Rights Issue Offer
to you as an opportunity to further participate in Kogi Iron’s future.
"All Board members intend to take up their respective Entitlements in full."
Did they take up their entitlement and aren't we supposed to know about it if they did?
And as @MeToo reminded us in this post:
They have a max. 14 days from any change to inform the market.
Shares were issued on 29-Jun-2021
Has the Chairman mislead the ASX? Has the Chairman mislead shareholders?
Recall that "purportedly" what precipitated the 249d action was 3 key issues; transparency, corporate governance and equitable representation. The current Board has demonstrably failed on all 3 key issues, why is there no 249d forthcoming, oh it couldn't be that these were convenient criticisms of the then Board for some other purpose read @UKwoody's series of posts for the clear description of why the company is in the position it is. Also do recall Ian Whitley getting up at the AGM a couple of years ago with a straight face stating that we are all behind the Board of Directors, the Board that Martin Wood was CEO of at the time.
Also any response to this post on this thread? Or this post? Or this post even? These are all posts on this thread, whereas you posted something for another thread but aren't able to address issues that the group you were involved with started. These issues still plague this company.
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