Ann: Scheme Booklet registered with ASIC, page-4

  1. 66 Posts.
    lightbulb Created with Sketch. 1
    Well I've managed to get through to page 26. So much bullshit.

    How can they pay an independent expert $135k ex GST to say the company is worth somewhere between 80c & $1 (like they can't work out the value of the company to within 20% - WTF?)... and why did the company say in their interim financials on 26th Feb (page 3) that the company's NTAs were 97c per share? How does the company reconcile those two figures and who is misleading the shareholders?

    I particularly like the "Reasons to vote yes" - with large blue ticks next to them and then "Reasons to vote no" - in small dot points.

    I really don't know why the board didn't sack the senior executive a couple of years ago to fix the company, rather than getting to the stage where we all have to roll over and take it because they don't have any better ideas.

    Think I need a sleep.
 
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