GNM 4.17% 1.2¢ great northern minerals limited

Ann: Capital Raising, page-43

  1. 6,575 Posts.
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    Why second time CR in two months? Because bad finance management.

    What they are aiming to achieve with second CR? Free ride, self serving and hold the power

    There is no any value adding for shareholders so far.

    Every time GPP management do CR, we all are losing our investment. SP now in junk level.

    Having more share can give them more voting power for a while. however it is dead end, they cannot keep CR for each crisis time. Eventually we are going to ask where they spent our monies, what they did.

    What happened SP today, they are responsible.

    Are they going to have third CR, I believe yes, because they cannot capable to manage the company finance and the existing projects

    GPP management has no integrity, if they have then they should apologize to shareholders and resign.

    Market is not trusting GPP management, SP is now historically low.

    GPP management should not forget 249D is still there and this will kick you out from office eventually.

    The investors has every right to ask questions, if investors could not get clear and honest answer then investors have print and social media power.
 
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