VIC 25.0% 0.3¢ victory mines limited

Ann: Voluntary Suspension Extension, page-86

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  1. 6,805 Posts.
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    So Kan what is your view of Milestone Sport situation. Be honest. Were the Directors acting in the best interests of the ordinary shareholders when they "loaned" $500,000 of precious VIC cash to Milestone Sports in the first place. Were they also acting in the best interests of ordinary shareholders when they then cut the loan in half ? And finally were they also acting in the best interests of shareholders when they accepted a heavily reduced final settlement. There are three instances there. What is your opinion?
 
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