Regardless of whether the board is inept or not, shareholders need to focus on the main game. It is obvious AGS is being bullied in to carrying out a programme that will send it broke if it follows that strategy by a majority partner. The majority partner gains from these actions. If that is not text book unconscionable behaviour, I don't know what is.
A foreign company comes to our country digs up our resources including the share owned by Australians, on which we would all be paying taxes, and royalties, and instead ships them overseas and stockpiles them, thereby not paying taxes and royalties, in fact creating losses and tax reductions.
Shareholders contact whoever you can, and tell the politicians if they ever wanted an opportunity to look strong, and to be taking on big foreign companies and controlling the farm - this is the time.
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