In a democratic society like ours, voters get to declare their opinion of the success or failure of the government that administers it. When I’m making voting decisions about this I look to the value of our floating currency. Is it resilient is it dependable and is it desirable. Solid government equals solid currency.
Is it appropriate to compare equity to currency? I think so.
Nobody seems to want to talk about this.
Even our Chairman, in his address thanked shareholders for their “on-going support”. Where’s the evidence of that. I think there is little support. Evidence, the Company’s currency at the time represented only 25.5% of NTA.
This issue must be a big elephant in the room cum board meetings.
Why would our Chairman thank shareholders for selling out?
Help in understand this is needed...
MRM is not exactly a society but I suggest the board is responsible to the shareholders for the value and desirability of their equity. Am I wrong to expect this?
It appears to me that the board is not accepting any responsibility just sitting helplessly on their hands. “Blinded by the light”
I’m mad about this!
At the coming AGM we will vote on 5 resolutions.
What should I do?
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- equity @ less than 25% of NTA
equity @ less than 25% of NTA
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