There is a precedent at Sconi for Board replacement. Metallica (MLM) from whom Australian Mines acquired Sconi recently had a revolt and both Board and management were replaced and now seem to working in the best interests of shareholders
Perhaps there is a white knight out there who might be tempted to "save" Australian Mines....... or better still the current Board and management might up their committment and performance to better look like they are also working in the best interests of shareholders by meeting timelines and getting results.
There is a precedent at Sconi for Board replacement. Metallica...
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Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $3.618K | 373.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 44 | 16512785 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.0¢ | 4171525 | 19 |
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| Last trade - 11.30am 06/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.9¢ | 1.0¢ | 0.9¢ | 4197832 | ||
| Last updated 12.15pm 06/06/2024 ? | |||||
| AUZ (ASX) Chart |