Ann: S203D Notice - Update-MEL.AX, page-7

  1. 24,386 Posts.
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    ""(2. The single largest shareholder does not support the return of capital""

    Who cares. What matter most is that he/she didn't get what he aimed at for. The majority of shareholders have spoken.


    ""(4. These 6/7/8 shareholders clearly did not support the board's business plan nor the proposed return of capital (or they would not have sold, surely)""

    Perhaps they have been smarter than what someone here has given them credits for. Who knows!!!!

    After all, if what has been said is correct, they have sold out at a good premium to the price value of their shares, and possibly higher than what they've paid for. Did they not.??

    Petty I wasn't approached in the same ways myself.


    ""(5. There is a 249F Notice to remove the Board""

    Yes there is. Not officially though. But, no one knows if it will end up with the same fate as the current resolutions did.

    Funny though IMHO, that there are some late comers coming in and telling us what we should and should not do with our money. Funny isn't it.??

    There are too many sharks swimming around in the great ocean of the ASX looking for preys let me tell you. and you should be well aware of it.

    And don't forget that, for some of us, we have been here since Adam was a little boy and still in diapers/nappies, and seen it all. All we want (Me anyway), is to see this thing put to bed once and for all, tucked down properly so that he cannot slip away once more, get what we can, and then walk away and claim our losses against future profits, if any.

    The last thing we want, is to see another dangling carrot swinging in front of our face which we may be never be able to reach, and someone loading their saddlebags full of gold along the way..

    Time will tell.

    GIVE ME MY MONEY.......that's all, and let someone else start their own new venture with their own.
 
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