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

RGT

0.00%

29.0¢ argent biopharma limited

Good call let the board know we are not content with there lack...

First 44 Last

Share
Profile

Follow
lowe carb

279 Posts.

9

01/11/18

20:19

Post #: 36358063
Share

Originally posted by no vice ↑

These guys are clowns. It's everyone's duty (especially those involved on HC) to vote at the AGM and be heard.
It's all fine to enjoy yourself but a level of professionalism should be maintained especially when you are making $300k a year from investors hard earned money.

It looks more and more like these guys are clowns. I hold 1,000,000 MXC shares that cost me $74 K. I said many months ago these jokers were not qualified to run the local tuck shop but got ridiculed. MXC has never struck accord with the wider market and sophisticated investors. Presumably because those in the know knew about the calibre of the Board. If the money does not come in tomorrow, we need to collectively think about taking our company back. That's right, we the share holders own this company and have every right to restructure it so that growth and success is assured. While the current Board thinks they are insurmountable due to share holder apathy and lack of unity- let me say it is our company and we individually need to step up to the mark. Let those at Board level know that the gravy train free ride has finished. If they do not perform and increase SP value in a sustained and maintained way, then they are fired.
The Board is arrogant and thinks our general disunity is our weakness. We have just been mailed AGM papers, so l urge every share holder not to throw it in the bin. Think very carefully about all resolutions. Personally, l will be voting against the renumeration and for the extra 10% share dilution. By law, the company had the legal right to dilute 15% annually. This in my mind is enough. They need to start producing income to sustain a growth path, not returning to share holders and diluting their present net worth to absolutely nothing. I hope you all think very seriously about your voting power because as a combined entity, we are a power they absolutely fear. A power incidentally that they don't think we have the resolve to exercise. The success or otherwise of MXC is in all of our hands. Not doing anything and letting your proxy votes go to the chairman is going to be a total disaster. That is exactly what the Board is counting on so they can run this show exactly as they see fit. The same way they have rewarded themselves with performance lotions in the face on non performance. Check out Telstra. The share holders have ultimate power if they are united and prepared to make their discontent heard. Its up to everyone of us who hold script to do something with our voting rights.
Let's hope the money is paid tomorrow. The market looks fairly convinced it is a dead loss. No comment until close of trade Thursday. Think about it.

Expand

Good call let the board know we are not content with there lack of professional fill out your agm vote paper it take 5sec go share holder

MXC Price at posting: 5.1¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

LLC

ACCC raises competition concerns about acquisition of Lendlease projects

ALK

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

AS2

Askari sets exploration target of up to 323K ounces Au at Burracoppin

LAT

Latitude 66 Shares Surge 8900% on Promising Exploration Update

XRG

XReality Group wins $800K contract from Aus Government for military and police VR training tech

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 12 more messages in this thread...

First 44 Last

Add RGT (ASX) to my watchlist

(20min delay)
Last 29.0¢		Change 0.000(0.00%)		Mkt cap ! $13.13M

Open	High	Low	Value	Volume
29.0¢	29.0¢	29.0¢	$3	12

Buyers (Bids)

No.	Vol.	Price($)
4	1041	29.0¢

Sellers (Offers)

Price($)	Vol.	No.
30.5¢	2000	1

View Market Depth

No.	Vol.	Price($)
4	1041	0.290
1	2000	0.275
1	10000	0.270
1	4000	0.250
1	46516	0.215

Price($)	Vol.	No.
0.305	2000	1
0.310	50000	1
0.315	2825	2
0.340	46975	4
0.370	1056	1

Last trade - 12.54pm 04/07/2024 (20 minute delay)

RGT (ASX) Chart

Good call let the board know we are not content with there lack...

ACCC raises competition concerns about acquisition of Lendlease projects

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

Askari sets exploration target of up to 323K ounces Au at Burracoppin

Latitude 66 Shares Surge 8900% on Promising Exploration Update

XReality Group wins $800K contract from Aus Government for military and police VR training tech

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Good call let the board know we are not content with there lack...

Top Stories

ACCC raises competition concerns about acquisition of Lendlease projects

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

Askari sets exploration target of up to 323K ounces Au at Burracoppin

Latitude 66 Shares Surge 8900% on Promising Exploration Update

XReality Group wins $800K contract from Aus Government for military and police VR training tech

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News