This board has gone rogue, lending almost all the company funds forcing an immediate capital raise before any shareholders have a say in what is clearly a complete change of direction...
this board has absolutely no respect for its shareholders.
I've lodged an official compliant this morning with ASIC regarding the actions of the board and their lack of respect for its shareholders.
From a UCG company, to a coal company now an OIL & Gas company, I never invested in this crap and will be holding the company liable for its mismanagement.
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