i agree it's not easy without a copy of the share registry.
It is not that hard to get a copy, however.
I think disgruntled shareholders here on HC would have well over the necessary 400M shares required.
I'm not saying it's a good idea.
Management (BOD) have held the shareholders in contempt for a very long time now so this may be the only way to force some answers from them.
Anyone has a right to request a copy of a company’s share register. A company must provide a copy of the register to you within seven days of you requesting the copy. The maximum fee for supplying a copy of the register is set out in Sch 4 of the Corporations Regulations.
https://asic.gov.au/for-business/ru...,out in Sch 4 of the Corporations Regulations.
The CEO & BOD should donate their salaries to Old Geo and a few others for sharing their work on HC.
Information that PCL should be sharing and have previously made assurances that they would.
It is a total disgrace to PCL that you get more information here, even if a lot of it is conjecture, that what PCL are willing to tell their shareholders.
I believe they are constrained with what they can say due to the option agreement with WDS. It seems from the little that know and from reasonable conjecture the BOD was negligent with some of the clauses in the agreement.
It will not happen, but it is time for new directors with corporate experience that can take the company forward.
At present there is a lot of oil and gas experience, and they have done a great job until roughly 18 months ago.
Vesna seems to be totally out of her depth - otherwise the option agreement would not be so limiting on PCL - no termination clause shows the BOD incompetence.
An inability to update shareholders, despite assurances that they would indicates incompetence.
A few directors need to go to allow directors with corporate experience to come in.
All we are asking for is regular updates - a monthly video conference would be fantastic or at least a newsletter.
I do not think that is unreasonable to let your shareholders know what is happening at this stage.
Still no 3D results must be boarding on noncompliance with the ASX listing rules.
For a few people, I do not like to make these comments, but it is the actions of the CEO and BOD that have left this as the only avenue.
IMO the actions of the CEO and BOD have depressed the share price of PCL, and the SP/MC does not currently reflect a true value of PCL.
(20min delay)