Yeah, Gennadi made around $165,000 a year out of ANP (PER) from 2015 to 2023 . Incredibly lucrative arrangement given the destruction of the share price over that period (barring the COVID bump). I assume arranged by Diamond back in 2015, why? No wonder Gennadi left Morgans to strike out on his own with XEC with Mark Diamond (ANP) backstopping XEC. Reads to his inability to grow XEC that Gennadi is still tormenting our company long after Mark Diamond left . That was never explained by the way, why did Diamond really leave ANP, I think we can all guess. PVL complication made it closer than it should have been, dodged a massive bullet
Anyways we await PVL decision whether to proceed with a EGM or not . As long as share price is below cash backing we know PVL has no real company making idea for PER and is just after the cash . If PVL can get the share price up, then votes can move around, but
PER Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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