ALR 0.00% 0.4¢ altair minerals limited

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

  1. 118 Posts.
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    Looks like this overhaul of management has been on the cards for a while. If you look at the top 20 holders of VMM & LU7 you see all the same players.

    Looking at CHK's June 30 Annual report you can see Chunyan Niu was building a massive position in the options. Fabi Diab also held ~2%
    https://hotcopper.com.au/data/attachments/6097/6097307-f7dd6282d73c362904d2fcd09a4e609f.jpg

    Chunyan Niu & Fadi Diab are also a major shareholders of VMM's (as of September 2023), a company where our new CEO is a director.

    https://hotcopper.com.au/data/attachments/6097/6097318-ff47943a2f98c1a05b24ff8f88800c29.jpg

    The largest holder in VMM is also the second largest holder in LU7 (Where Fadi Diab is a director)

    https://hotcopper.com.au/data/attachments/6097/6097359-c37e1a2450c689f403ea18c5de597568.jpg

    Hopefully we can get a "letter to the shareholders" from the new management outlining the direction they want to take the company in and plans for the current gypsium and copper assets.

    Last edited by razzledazzle01: 12/04/24
 
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