"In the current market one needs to be absolutely aware of directorial duties – there are major conflicts here that should not even be arising. This is a further black mark against a Board that already deserved caution"
If there is any way the transaction could be stopped, it should be.
Fully agree with you and yes we should look into ways of stopping it. Maybe an EGM would be the way to go and the directors could be taken to task to prove the benefit of this to MAK not BON. The benefit to BON is obvius
scrip offer for bonaparte diamond mines, page-134
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