So three sub holders buying 50% of the company... all have agricultural background. Tightest structure possible with no debt but a tax liability... Only 60 odd million shares on issue... top 4 holding 68% approx...
A new chairman appointed... who happens to hold 19% of the company and skilled in agriculture. Plus loads of experience as investor and planner
Office address changed... Griffith is also known as Food Bowl of Australia...
The announcement made on 21st December mentions new projects...
all in all, they are still a gold explorer and they have not mentioned anything re agriculture... But does it need to be mentioned? Everything here makes it as clear as anything can be...
Lets see how we go!
Cheers
MCA Price at posting:
6.0¢ Sentiment: None Disclosure: Held
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