Australia's largest stock trading and investment forum Australia's #1 stock forum

VAN

0.00%

4.7¢ vango mining limited

With regard to point three, I may have been presumptuous. I have...

First 6 Last

Share
Profile

Follow
RoryOThighblast

1,520 Posts.

3

29/10/14

11:30

Post #: 14199557
Share

Originally posted by RoryOThighblast ↑

A quick look at the agenda:

1. FINANCIAL STATEMENTS AND REPORTS
Well the numbers might very well be right, but they are not encouraging.
2. RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT
See note at item 1.
3. RESOLUTION 2 – RE-ELECTION OF DIRECTOR – MR SHENGQIANG (SEAN) ZHOU
Why? What, apart from drawing quite a decent salary, and turning up for "work", has he achieved?
4. RESOLUTION 3 – RE-ELECTION OF DIRECTOR – BRUCE MCINNES
Ditto
5. RESOLUTION 4 – CONSOLIDATION OF CAPITAL
So instead of 20 shares I will hold 1. How does that change anything, except giving it scope to have even less value?
Oh, I forgot the option. Really guys, you think anyone is going to take them up?
6. RESOLUTION 5 – ISSUE OF SHARES TO MR FRANK ZHU UNDER THE ORD SHARE PLAN
What, more? Not that they are worth a helluva lot.
7. RESOLUTION 6 – ISSUE OF SHARES TO MR BRUCE MCINNES UNDER THE ORD SHARE PLAN
Oh yes, he'll need some too.
8. RESOLUTION 7 – ISSUE OF SHARES TO MR SHENGQIANG (SEAN) ZHOU UNDER THE ORD SHARE PLAN
Why not? Can't leave him out.
9. RESOLUTION 8 – CHANGE OF COMPANY NAME
You think people ain't gonna know who you are?

Ok, here's the $64 question... Guess which way I am voting. No prizes. Oh, you could have some of my shares. Come to think of it, HAVE THEM ALL!

(Come to think of it, postage these days is now 70 cents -- I am not sure it is justifiable economically, so I may not be voting!)

Expand

With regard to point three, I may have been presumptuous. I have no information as to whether Mr Zhou turns up for work every day, or regularly, or indeed at all. No inference should be drawn either way from this question, which has no basis in fact; it was there merely for effect.

VAN Price at posting: 0.2¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas