LNY 0.00% 0.6¢ laneway resources ltd

Ann: Quarterly Activities Report, page-190

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  1. 13,065 Posts.
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    G'day Dugsab. As we all know, there is a very poor "relationship" between management and shareholders, thus, minimal mutual respect and information.
    What say that instead of hitting them with an EGM notice out of the blue, which will not only cost the company but will most certainly exacerbate the poor relationship that we already have, what about as a gesture of goodwill on our part, that you advise the company, maybe through P.W., that when you get just the few more shares that you need that you are proposing to immediately call for the EGM with these questions and get his reaction? If it is not conciliatory, then they virtually leave no alternative but to proceed.

    Without that, I, personally, do not think that shareholders will gain too much from the answers that management is very likely to give at an EGM, viz.repeat, repeat, repeat and will probably just toughen their stand about future communication, which, "should" be forthcoming about seriously key catalysts.
 
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