OBM 5.80% 65.0¢ ora banda mining ltd

The Money, page-104

  1. 174 Posts.
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    If company had the funds there would be no need for MF personal company which offered shares in this company and other shares in key listed companies as security. It does make it very messy . A bank guarantee backed by cash would of been clean and avoided possible conflicts of interests . Was the market informed??.
    The dancing around will come to and end and delay tactics will only last short term.
    If this company when into vol admin would it create issues for MF personal company offering the security.
    As soon as administrator takes control the quicker this company can clear the mess and hopefully come out the other side stronger.
    This is my final message . Hopefully some light has been brought to bear on this situation. And the shareholders can take the necessary action to put the necessary pressure on the board . You can make strong profits and still be a good corporate citizen. All shareholders are part owner and the board must work for the best interest off all shareholders . Not just one shareholder who may be board member.
    Good luck going forward . Not just shareholders / Staff and suppliers .
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