LU7 5.88% 1.6¢ lithium universe limited

ASX MGG investigate, page-13

  1. 309 Posts.
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    For what it's worth I've pinged chris on Linkedin and sent both him and gernot this email.

    Good afternoon,

    As a longtime holder of this stock it's quite disheartening to see the current share price yet here next to nothing from senior management or the chair regarding any concrete plans to remedy this.

    The time between updates and the work apparently conducted does not correlate with any organisation or industry I've ever experienced, where is the time and money going? M&A is not a difficult process, in the meantime healthy salaries continue to be drawn down from the coffers.

    Suffice to say, shareholders are livid at this point and various complaints are being made to ASIC, the ASX, media outlets, and the like.

    I'm confident you're both acutely aware that this is untenable, what's the plan to rectify this situation as the apparent negligence is bordering on criminal at this point.

    Shareholders are very keen to hear from senior management with some genuine updates and plans for the future and this can be done in a number of ways. We look forward to genuine updates and progress in the very near future.

    Regards
 
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