BNL blue star helium limited

9.09%

0.5¢

Ha ha ha ha Dear BOD,I'll keep this short and under 50 words as...

First 19 Last

Share
Profile

Follow
Footmax

15,570 Posts.

2787

26/01/22

11:41

Post #: 59138002
Share

Ha ha ha ha

Dear BOD,

I'll keep this short and under 50 words as your attention span seems to be short.

The current SP is 4.4 cents - 21% under the CR value of a few months ago.

Start drilling and it will actually go up. Start doing anything.

Regards

Disgruntled share holder.

Originally posted by regmann: ↑

Dear shareholders,

It is now apparent that our proposal to reward the board and management with sizeable financial rewards even in a situation where nothing has been achieved by way of share price appreciation for shareholders was not going to get up at the AGM due to shareholder opposition.

We are therefore saving ourselves the embarrassment of discussing this one sided proposal at the AGM by withdrawing it beforehand.

We do not concede that there was anything wrong with this proposal. So dont expect us to listen to what was being said by shareholders and taken this feedback on board. Shareholders can therefore reasonably expect us to come up with another unreasonable proposal later on.

We think that the board and management has done a fantastic job in 2021. It is not easy dealing with the boredom of having very little to do. Shareholders should understand that with at least 3 near term prospects to drill there is at least 3 forms to fill in with the relevant regulator.

We are in fact delighted to see the share price crash this week. This will allow us to design a proposal based on performance relative to a low recent VWAP share price and further dilute shareholders. Rest assured the fact that shareholders were asked to support us in a capital raising at 5.6cents will be completely forgotten in this revised proposal.

Please stop calling and asking us for details about the timing of the drilling proposal. We don't like being held to account for plans, we don't really know much about drilling and are hoping others who do will do this for us.

We are very excited about the 3 forms we successfully filled in during 2021 and are happy to explain the 50 or so words on each form.

Please don't ask about a plan for drilling or likely timings at the AGM. We dont have one - it has been a very busy time with covid etc and we are now extremely busy trying to work out a revised plan for rewarding ourselves without the constraint of needing to do so in a win win fashion with shareholders.

Regards,

The board and management.

Expand

BNL Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

AII

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

First 19 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.5¢		Change -0.001(9.09%)		Mkt cap ! $13.47M

Open	High	Low	Value	Volume
0.5¢	0.6¢	0.5¢	$45.15K	9.007M

Buyers (Bids)

No.	Vol.	Price($)
2	514861	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	3604481	9

View Market Depth

No.	Vol.	Price($)
2	514861	0.005
28	23151160	0.004
9	15476669	0.003
6	20032500	0.002
5	29805000	0.001

Price($)	Vol.	No.
0.006	3604481	9
0.007	6906658	15
0.008	12112729	27
0.009	4080033	12
0.010	3618005	6

Last trade - 15.25pm 27/06/2025 (20 minute delay)

BNL (ASX) Chart

Ha ha ha ha Dear BOD,I'll keep this short and under 50 words as...

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Australia’s gas crisis is here – and dying coal plants aren’t helping

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Monash IVF shares cater 25% – Disaster or deep-value play?

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ha ha ha ha Dear BOD,I'll keep this short and under 50 words as...

Top Stories

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Australia’s gas crisis is here – and dying coal plants aren’t helping

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Monash IVF shares cater 25% – Disaster or deep-value play?

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News