ASM australian strategic materials limited

Ann: Corporate Governance Statement and Appendix 4G, page-9

  1. 67 Posts.
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    I hold ASM because it is fantastic what is going on and I think it is a great company to invest in. I was not posting out of any motivation except some observation.

    Ian Gandel did take over a company on the share market recently of which he was a significant shareholder. I do not want disproportionate control by him because he is in a multi billionaire family who can take over control if they wish if the share price goes low. Over 30 percent control in an asx listed company offers a lot of control. They can make an offer and gain control and compulsory purchase easily. Being Chairman of both the board and nomination committee is not appropriate.
 
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Last
52.0¢
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Mkt cap ! $94.29M
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52.0¢ 54.5¢ 52.0¢ $67.63K 128.1K

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53.0¢ 5741 4
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