GLA

0.00%

1.6¢ gladiator resources limited

well said Padmore, it appears the current board doesn’t see...

First 3 Last

Share
Profile

Follow
swans666

208 Posts.

13

03/06/22

20:59

Post #: 61814234
Share

Originally posted by Padmore: ↑

This announcement today encapsulates the ethics and professionalism of the current board with regards to the respect of Shareholders.......IMO

Rather than embrace change and allow another group to better manage this business, the current board have put up barriers at every single opportunity.

Firstly they sought legal advice and stated an original 249D submitted by Mr Boysen and a USA based shareholder was illegal based on a holding account technicality.
Again rather than respect shareholders, the board chose to make things difficult by creating barriers.

After 3 weeks of legal discussions back and forward Mr Boysen instead chose to find another local based shareholder to submit a new Section 249D submission which subsequently was announced on the 29th May.

Now in normal circumstances a rational board would understand the wishes of Shareholders and announce the resolutions of the 249D General Meeting in combination with today's announcement to facilitate a streamlined professional approach

By doing so this would simplify the amount of paperwork and costs associated with calling such a meeting. In essence why not combine it into the one meeting and get it finalized ASAP?

However as a final vindictive approach the Board of Gladiator Resources have chosen to hold a seperate meeting for the shareholders resolutions under their S249D submission.
They have done this because the shareholders will then be financially responsible for the costs associated in calling and holding this meeting. In essence their motivation is spite.

If you want to play games Mr Ian Hastings bring it on pal because your days are numbered IMO and it will be a pleasure voting you and the present board out in the not too distant future. Respect is earned my friend and that is something the new board will have for shareholders in the not too distant future.

At the end of the day time is money and presently this stock is languishing in the doldrums due to a lack of vision and progress from the current board. They have proven they will do anything to maintain power showing minimal respect to Shareholders of GLA.

Shareholders at GLA will vote in due course, and all that today's fun and games have done is highlight the unprofessional and disrespectful approach of the current board to its shareholders.........IMO

Autocratic leaders have very limited skill traits......IMO
They dislike being challenged......
But most of all they dislike being held to account.......

Expand

well said Padmore, it appears the current board doesn’t see shareholders $$$ as a priority the share price has been stagnant for sometime and finally we have people ready to give them the boot. New board will have my backing.

GLA Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

RCE

Recce's R327 found effective against E.coli during clinical trial

There are more pages in this discussion • 13 more messages in this thread...

First 3 Last

Add GLA (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change 0.000(0.00%)		Mkt cap ! $12.13M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.6¢	$12.15K	759.5K

Buyers (Bids)

No.	Vol.	Price($)
1	235550	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	548206	2

View Market Depth

No.	Vol.	Price($)
1	235550	0.016
1	200000	0.014
1	769231	0.013
3	485333	0.012
1	200000	0.011

Price($)	Vol.	No.
0.020	548206	2
0.022	409947	2
0.023	150000	1
0.024	200000	1
0.025	349252	3

Last trade - 15.49pm 28/06/2024 (20 minute delay)

GLA (ASX) Chart

well said Padmore, it appears the current board doesn’t see...

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Recce's R327 found effective against E.coli during clinical trial

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

well said Padmore, it appears the current board doesn’t see...

Top Stories

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Recce's R327 found effective against E.coli during clinical trial

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News