Originally posted by Chill
I’ll join any legal action against directors. This is flagrant disguised incompetence at its best. IMHO, I think there is definitely another agenda at play here. Big picture, big shareholders with big greed.
Hypothetical. Decimate current share price and run company into the ground by drilling for drilling sake. Nothing substantial in results, company close to administration, SP at $0.02 or less. Rich person with Dolmades and Ouzo decides on a TO. Amazing drill results pour in. SP rises. Some get richer. Leverage at its best.
It amazes me that it is so obvious that what the current board has done is so clearly stupid and not in the best interests of shareholders. White collar crime. Hope they have to walk the plank.
Another issue I would like to say is that all posts on Hotcopper will have a IP address. This means you can trace the location of every poster.
If there is indeed staff or affiliates of KIN Mining (aka company cronies) that goes onto Hotcopper to try and "muddy the water" they can be implicated in a legal challenge as well.