MRR 0.00% 0.9¢ minrex resources limited

So there we have it all in black and white on why the SP has...

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  1. 4,738 Posts.
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    So there we have it all in black and white on why the SP has been cornered into a range where the board can dominate the casting of votes to support their endeavour to stay in their overpaid jobs without a mention of any creation in shareholder value, their belief that they have the right mix of skills within the company to progress and if voting supports the spilling of the board that shareholders must be aware that this action could disrupt the boards concentration on business matters and also chew through funds during re elections. Stating that the any additional 10% placement could be at 75% of any current SP which is now 0.008c but could possibly be 0.004 or .012, so in fact scaremongering shareholders into selling or the chance of having a placement at 0.003c . Where is the investigation on these orders that are in the queue both above and below the current SP, there are laws against manipulating SP movements and it wouldn’t be hard for AISC to pinpoint the culprits. Why am I complaining some may ask but more the question should be is why has this company not created anything of note and why have they already had a first strike when all they have done for many years is filled their own pockets all the while suggesting they have the right mix of skills within the company. Lucky I don’t live in WA because if I did I would be taking my toothbrush to the AGM, what a bunch of ####ters.


 
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