ASN 1.30% 7.8¢ anson resources limited

Bit of a shame in what is happening to the share price, this is...

  1. 10,659 Posts.
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    Bit of a shame in what is happening to the share price, this is as a result of the URA ETF constantly selling off there holding as there shares outstanding keeps dropping off that causing a drawing down of the funds available, they are destroying the share price and this could cripple the company when they decide to raise funds.
    Share holder wealth is being destroyed before our eyes by one large ETF share holder.
    Management needs to protect the WA assets by splitting the company into a new entity, Anson to retain the USA assets and a new company holding the WA assets where current holders get free shares in the newly listed company, this way the URA ETF will have no hold over the WA assets with there manipulative trades.
    Clueless management to not having already started this company split process, is also a big problem at the moment.
 
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