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1.4¢ tombador iron limited

I don't mind if these guys want the project but management...

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Tooheys8

4,723 Posts.

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07/12/23

14:50

Post #: 71328523
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Originally posted by JB21: ↑

I'd be happy to support this x 1.8m shares even though it won't succeed. Note that the major shareholder is Colomi Singapore Pte Ltd at 44.20% - a Clough family-controlled company (check its website at https://colomiiron.com/ and you'll see some familiar faces) . Added to which is the Clough family investment company McRae Investments Pty Ltd at 2.04% (https://www.mcraeinvestments.com.au/ ) and then our esteemed non-exec director Keith Liddell holds 0.79% - he's the one who is also the chairman of Colomi Singapore Pte Ltd. That makes 47.05% of the register that will be voted against removing the board. Given even a modest level of apathy from some of the rest of the shareholders, and 47.05% will carry the day, just as it will no doubt do on 27 December.

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I don't mind if these guys want the project but management shod be selling it at a fair price , not rock bottom to their mates .
I urge all holders to complain to asic and the asx to complain about this shonky deal .
I have complained in writing if enough holders do the same maybe we can salvage something
even if it's just some pride .
I really don't want a sore backside from been rheemed by management.
vote NO
complain please

TI1 Price at posting: 1.4¢ Sentiment: None Disclosure: Held
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