SUV 0.00% 5.5¢ suvo strategic minerals limited

Ann: Notice of General Meeting, page-2

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  1. 12,618 Posts.
    lightbulb Created with Sketch. 1798
    Millions upon millions of share issued for performance rights etc.

    Same old story, raise $5,000,000 on relisting, then see the cash gradually eroded with fees/salaries/etc

    The listing comes under the control of  "brokers and sophisticated"  investors.

    The concept is promoted and more than likely in due course runs out of cash -  then the next idea arrives from a new group of  entrepreneurs

    Rinse repeat

    imo from observation of those using this ASX listing

    THIS NONSENSE HAS BEEN GOING ON  BY A RANGE OF ENTREPRENEURS  WITH THIS LISTING SINCE 2011

    This is where it all began.

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