BME 0.00% 0.8¢ black mountain energy ltd

Well the CEO owns like 70% of the company so can do whatever he...

  1. 3,789 Posts.
    lightbulb Created with Sketch. 632
    Well the CEO owns like 70% of the company so can do whatever he likes as the majority owner without the ASX strike provisions in place.

    They also dont' have to report quarterly etc

    It's been sold off as he could vote himself a million dollar salary for the next 5 years until the companies cash is depleted and there's not much other holders can do ?
 
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Currently unlisted public company.

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