ESS essential metals limited

Then one of the big reason's the directors come up with to sell...

  1. 910 Posts.
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    Then one of the big reason's the directors come up with to sell your shares half to yourself is that it is good for Essa Australia. The shareholders are Essa Australia. Without us as shareholders there is no company like Essa Australia. They maybe think about themselves and the future Essa Australia shareholders, but without you and me. Why on earth do they think that is a good reason for me to sell part to myself to profit the future shareholders. They recon it is in the best interest of Essa Australia and its stakeholders. WITHOUT YOU AND ME and then we should shout hooray!!! We are NOT the future stakeholders they talk about, so why do they then not compensate me and you for that. The price right before the offer was 55 cents. Now I must sell for 60 cents and give them my half year dividends and franking credits on top. The other 13 cents belongs to Essa already to declare as a dividend. That is worth less than what I could sell it on the market right before the offer. Just think it over. United we stand for sure. If they close the offer and accept the shares what they get even if they do not reach 90%, we will also receive 13 cents dividend AND will also be a FUTURE stakeholder they are talking about. I think that sounds like a better bet and deal to me.
 
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Currently unlisted public company.

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