@hades86
This was you circa a year ago:
"Would've been nice if they did this before blowing their "fully funded" load and started the capital raise alarms.
I'll still be in profit because of where I got in, but I'm livid with this board for sitting on how dire the books were while MA was shilling with business on Youtube channels with finfluencer dorks and overseeing the LLL divestment which has now had the handbrake engaged with this dump.
I filed as ASX report over what I perceive to be s3.1 breaches of the listing rules. I don't give a damn about this board, my priority is to my capital aka investment. As should be any shareholders.
The only way to make change is to call the board out every time they step out of line to keep them on the level as opposed to sticking our heads in the sand and say "well hopefully they learned their lesson and will be for the better now". Hell no.
Anyone not angry and out for blood over this cluster is either in denial or doesn't see how egregious this is. That's not just my POV, that's a fact."
https://hotcopper.com.au/posts/62372826/single
If you don't give a damn about this board and your priority is your capital back (your words).
Then shouldn't you give them a chance, by listening, reading and offering constructive advice about how you are going to get your capital back?
After all, you guys are All in the same boat!!!
Note: you guys are in this predicament because you relied on this board to manage your investment - and despite all their experiences in managing African companies, they lost circa $250M in shareholders capital, within a period of 2 years!!!
That is the type of "Experiences" you had relied upon!!!
So you should ask yourself this: could you lose more of your investment capital if you continued to rely on them???
IMHO, if you really want to get as much of your capital back, then it is in your interest, to ask pertinent questions to both sides, before deciding.
AIMHO
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