Agree re: first post.
In regards to Shareholders being given the right of action, we in essence give that to our representatives the Directors to carry out on our behalf.
It’s usually very hard to have any recourse outside of the BOD. Some may wish to try, fair enough and good on those for trying.
After the general meeting results, within a few days I and many here were expecting some kind of announcement. Foolishly thinking the offtake was key to a deal.
Dissapointing no communication after the results until KM appointed. 1 month. What really were the BOD upto for 3 months in particular the final month.
Opening the data room? Ok company not trading so no issue for continuous disclosure but morally not informing share holders? Not on.
What really was in the waiver docs? If commercial in confidence and the BOD believe broken by the noteholder then why not leak it? Not hard these days.
May never know any answers including the financials, A40 holders basically heard nothing, bar seeing some, not all communication with unsecured creditors. Nothing from the BOD there at all.
Will be 2 weeks on Monday since receivers were appointed, time is not on our side.
Agree re: first post.In regards to Shareholders being given the...
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