FMS 0.43% $1.17 flinders mines limited

AGM Notes, page-29

  1. 126 Posts.
    lightbulb Created with Sketch. 99
    Spot on, SET, we are so lucky to have such a loyal band of United FMS small shareholders who keep us all up to date with the goings on around the company.

    This does also highlight the complete and utter disappointment our current BoDs are as they should be the ones providing this information to the shareholders as the original management were so good at doing, always talking up the company unlike the current crop who take every opportunity to do entirely the opposite!

    IMO the current BoDs continue to dig the hole deeper and deeper with their continual withholding of relevant information which should be available to ALL shareholders not just the major shareholder!

    With the clock continuing to tick on very important trigger dates we look forward to some good news by end of March 2019. The answer is very simple, hold, hold,hold as one Champion Fellow often says, FMSU shareholders have been in for such a long time now (for us since IPO) the spotlight is right on the company from all quarters and let's no forget Toad has not invested the vast amount they have in both FMS as well as BBIG to not get a return on that investment.

    The recent AGM should have provided both FMS management and Toad and also BBIG with undeniable evidence that OCJ and FMSU are on the same page and will continue to be until we see the true value for our shares.

    If the BoDs do not heed the message from a strike1 then OCJ as a holder with in excess of 10% of the company can always call for an EGM and I am sure the powers that be would take a very active interest in such an event.
    You could guarantee there would be significant representation from small shareholders at such a meeting putting an even stronger spotlight on the Board for their continued non disclosure!

    All just my thoughts as always DYOR and as a wise man recently said "Don't Sell Your Shares"
 
watchlist Created with Sketch. Add FMS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.