Extremly difficult decision to take here and almost impossible to get a feeling of what Lloyd really wants to achieve here. Might be his overarching plan to get rid of the current management to withdraw as much cash from the company and sell the rest for whatever.
In principle his plan is okay. Reduce costs and wait for better times. Also a strategic cooperation with another company might be interesting.
Just reduce costs, pay back cash and then sell the rest for peanuts does not really feel very exciting in my view.
The really big question here: Does Lloyd really want to create shareholder value also for the long term holder or not?
I have not waited for almost 10 years to just sell my shares at 18 cents instead of currently 12.5.....I still think that in a different scenario we might see a substantial higher SP in 5 or more years. I can wait.
I think a combination between the plan of the current management and Lloyd might be the optimal solution at least for the mid term.
Another question: If Lloyd does not suceed what will he do? Sell all his shares?
- Forums
- ASX - By Stock
- A1M
- Ann: Notice of Extraordinary General Meeting/Proxy Form
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-3
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A1M (ASX) to my watchlist
(20min delay)
|
|||||
Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $184.2M |
Open | High | Low | Value | Volume |
31.5¢ | 32.5¢ | 31.5¢ | $261.7K | 817.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 153427 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 107009 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 14262 | 0.315 |
8 | 313449 | 0.310 |
4 | 29299 | 0.305 |
11 | 76896 | 0.300 |
6 | 134578 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 107009 | 3 |
0.325 | 37245 | 3 |
0.330 | 104469 | 5 |
0.335 | 57002 | 2 |
0.340 | 101837 | 4 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
A1M (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online