BYE 0.00% 5.4¢ byron energy limited

Ann: Quarterly Activities and Cashflow Report, page-28

  1. 4,799 Posts.
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    You need to do your research on how the directors arrived at their large share holdings in the company before you imply that the directors were gifted their share holdings .

    Nothing could be further than the truth .

    The directors of BYE have bought their holdings with their own money as well as contributed their holdings in their private company in the creation through a reverse take over that formed BYE .

    They have supported all the Capital raises most at higher share prices than at the present to the tune of millions of dollars .
    Have repeatedly supported the business with loans at 7.5% and later at 10% nearly all of which were converted to share holdings at the same price as CR,s.

    They have supported the business through thick and thin .
    They believe in the business and are aligned with their share holders like you will very seldom find else where .

    To imply they were gifted their share holdings is I think libellous .
 
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Currently unlisted public company.

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