To be honest, there really is no point in discussions in this thread as whatever resolutions are proposed will get passed whether we like it or not.
Look at the top 20...
1 = Alvin Phua
2 = Raphael Than
4 = Alvin & Ethal's son (in law - I believe)
11 = Ethal & Son In law SMSF account.
12 = Alvin's side business/company
15 = Yano & Susanty SMSF
17 = Yano's side business / company
That's; 1,105,016,150
Just held by the company directors + Family that I know about. I'm sure some of the other names on that list are friends etc.
The AGM is just a complete farce, why bother holding it (except complying with ASX requirements). We have no voice, the directors show shareholders absolute contempt... let's be honest.
"Australia' s First ASX Listex crypto exchange"… yet we've heard nothing since... actually I can't remember, or be bothered to go and check.
If BPG ever return to trading, and should there be any buyers, then it'll be a race amongst us lot and management to sell... and they will have the upper hand knowing when they can remove suspension.
@ContrarianTiger , I sincerely appreciate your comments and view, I too thought along those lines that its good that management have a vested interest in the success of their company, a while back... but I now believe its probably more like a way to beef up their financial position... on paper only.
Phua with 600m shares × 0.009c shows the bank/ Taxman whomever required, that he has $5,4m to his name. That IMO is what is keeping himself from being declared bankrupt.