I'm sure MM would be happy to field questions, AP101, as long as the conversation is via a phone or computer but I can't see him meeting shareholders face to face any time soon, and that's what the situation needs. He's not going to enter the room to a round of applause with "for he's a jolly good fellow" ringing out, is he?
I think there's a case now, based on the directors' past failures and current paralysis, for shareholders to take drastic action. Is it possible to instigate a move to get rid of the directors and instruct someone, say a firm of accountants, to run the company on a care and maintenance footing. The investments could be realised as and when appropriate just retaining the royalty assets. Cash generated/royalties received would be distributed to shareholders. Costs would be kept to a minimum (no directors' gravy train, staff or premises costs) and shareholders would get at least some return.
I have no idea how, or indeed if, this could be done but I'm totally fed up with what's going on at the moment. Someone is dumping 100k+ shares daily and the sp is responding accordingly. Australian investors are clearly not interested-who can blame them- and our options here in the UK are limited-hold and hope or sell "at best" at exorbitant cost and that's all down to MM et al.
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I'm sure MM would be happy to field questions, AP101, as long as...
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18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $30.49M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 18.0¢ | $2.692K | 14.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 197024 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19040 | 0.140 |
1 | 199406 | 0.135 |
1 | 15000 | 0.130 |
1 | 5000 | 0.100 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 197024 | 1 |
0.250 | 25000 | 1 |
0.430 | 50000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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