Australia's largest stock trading and investment forum Australia's #1 stock forum

NIU

Click for more information

0.00%

2.0¢ niuminco group limited

Yeah, what an unprofessional waste of time this report is, and...

First 72 Last

Share
Profile

Follow
Abacoolloo

1,792 Posts.

846

09/02/24

12:33

Post #: 72323354
Share

Originally posted by goldenkiwi: ↑

NIU – Results of General Meeting NIU – General Meeting Presentation

For those who haven't seen or heard the outcome, click above. I see only 50 mil shares out of the 200 mil (a quarter) were voted. A lot of people obviously didn't know, didn't get the paperwork or didn't bother to vote. Nothing mentioned about re-listing in the presentation, nothing about May River, a lot of B/S about how we supposedly mined good last year, and a lot of old/past photo's. The mining fleet is in repair, even though we haven't used it by the looks of the last quarter, lol. Just read the financials!
The grades @ Sellhiem don't read well, but we are stuck with it now. It's no wonder the vendors wanted out.
So we sit and wait!
In the mean time I've emailed the ACCC, hopefully they can sort him out. To much B/S for my liking.
I've not gone through ACA (A Current Affair), BUT it's not out of the realm, Peta Credlin (Sky News) might be a good shot as well.
I'll wait for the next quarterly, and see what the ACCC have to say first.
Gltah.

Expand

Yeah, what an unprofessional waste of time this report is, and Lake will probably claim another billion shares for writing it.
I’ve made a few comments below but I’d seriously be here all day with all the crap this report contains.

NIU Price at posting: 2.0¢ Sentiment: None Disclosure: Held
4 Upvote

2 Great analysis

Reply

There are more pages in this discussion • 21 more messages in this thread...

First 72 Last

Add NIU (ASX) to my watchlist