Again just utterly stupid, telling people to buy shares to vote management out.
Lets do some quick maths, so to get a company resolution passed you need 50% of the votes.
GMN has: 3 778 000 000 shares on issue, so lets just say that you could buy half at 0.4c (which you couldnt as it would push the share price) but if you could it would cost you $7.5 million to have enough shares to kick management out. Again its just utterly stupid stuff from this poster, literally no idea of the mechanics of what he is saying.
And his comment about otherwise it wouldnt have gone through at the AGM, of course the resolution went through, the directors are the biggest holders, they can put any resolution they want through. Funny thing is usually people will point to managing directors and others in charge having "skin in the game" not realising that the shares they have were all given for free, or from performance rights, and their "skin in the game" will give them controlling interest in all votes, which includes remuneration that they can keep their position and keep choosing to pay themselves high salaries and in GMNs case sell assets that they bought cheap to the company for a profit and stops anyone being able to hold them accountable.
(20min delay)