The Board and the three major shareholders are going to liquidate the company.
It is the only way.
What process they use will be determined by the apathy of the current shareholders.
Read the Board Notice very carefully.
Consider the "projects" into other areas as proffered by the Board against the time frames permitted by the ASX listing rules.
Do the math and you will have your answers in front of you.
There is no other way to save your investment and your company but to vote at the AGM. Then the EGM as follows:
AGM......
Motion 1 NO
Motion 2 NO
Motion 3 YES. New Director
Motion 4 YES
EGM Motion to sell the companies only asset in Oil and Gas. VOTE NO
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.674M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 16630498 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10381720 | 9 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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