You are 100% correct! These type of lifestyle company directors need to be stamped out by the so called “law enforcement agency, ASIC” who are absolutely waste of space btw.
I would like to the see the company directors like Ken Aitken, and the Chairman, Phillip Amery explain themselves to the shareholders in a form of an official ASX announcement how do they justify KBC’s actions and what the board is doing about it!!
This is immoral and disgusting behavior from the company for continuing to engage with KBC and it has been going on for months on end! It is no wonder the share price has been held back with the bs tactics of KBC’s on market disposal for the last 12 months+, and it is clear management has no problem with it allowing them to rinse and repeat over and over. i get the strong sense of feeling shareholders are getting screwed with continuous dilution whilst the likes of KBC make money at the expense of the shareholders and the management is allow it to happen by keep running back to them for funding time and time again!!
MEL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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