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0.8¢ ipb petroleum limited

Ann: Notice of General Meeting/Proxy Form, page-13

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tradesurfer

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28/02/24

16:47

Post #: 72650969
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Originally posted by JabraD: ↑

BB to get paid as a consultant instead of a Director.

The only thing Im confused about is if they vote BB to step down and those 3 directors to stay on that'll mean we will have 6 directors and how will a majority vote work within the board when there is essentially 3 v 3 (considering this new board dont want those 3 guys to go on the board or stay on).

Also who steps up as Managing Director.

Like will this mean we will have to have a further AGM vote to vote the other 3 directors out (considering they dont have any shares in the company?)

So not only could drag 2 months now but a further 2 months on that so 4 months away?

I cant see how some of these shareholders will wait that long. All this and we havent even got a vend or anything, so June till anything happens, dead money essentially.

Can someone clear all this up, genuinely that confused on what they are trying to achieve here.

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it’s turning into a shit show beyond ridiculous now .. another 6 weeks and we still can’t get rid of BB …. Who cares if he has a few shares let him dump out

IPB Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $5.651M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$20	2.5K

Buyers (Bids)

No.	Vol.	Price($)
3	3740208	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	3302178	4

View Market Depth

No.	Vol.	Price($)
3	3740208	0.007
6	4788333	0.006
10	5156189	0.005
6	2710249	0.004
4	3033333	0.003

Price($)	Vol.	No.
0.008	3302178	4
0.009	2500000	1
0.010	2238096	1
0.011	1257140	2
0.013	119000	2

Last trade - 10.43am 18/10/2024 (20 minute delay)

IPB (ASX) Chart