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

VIC

25.0%

0.3¢ victory mines limited

you contradicted yourself in this post. you value transparency...

First 101 Last

Share
Profile

Follow
nht

749 Posts.

42

06/02/19

14:01

Post #: 37349595
Share

Originally posted by John1985 ↑

Nht, I would love for there to be transparency from all parties involved. I think you misunderstood me in that. But it comes down to the character of the BOD to what they release.

5% isn't enough. We would need a huge amount. At least 20%-25% but higher the better. Which means top shareholders.

What I'm trying to say is to organise this is a lot of effort. Will no clear benefits. I have been watching HDY's efforts. And I have seen no results. They don't have a deciding vote. The ASX and BOD are not telling them anything new. They decided a new board without the power to elect them or even remove the old one. They are in the exact same position. All they can do is call for a spill of the board. It must be quite frustrating.

Do not forget every shareholder has a voice already. I'm pretty sure most of us in both companies used it at the last shareholder meeting. The outcome was 90% in favour of all resolutions. In other words combined or individual our voices were not enough.

More importantly as well, with a new BOD, I see even less reason at the moment to go down that track. For the moment these guys are making the right moves.

Expand

you contradicted yourself in this post. you value transparency but don't appear to value 249D meeting that comes with 5%.
what if changing directors is not end goal....

Last edited by nht: 06/02/19

VIC Price at posting: 0.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Your most watched stocks for Week 46, 2024

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 70 more messages in this thread...

First 101 Last

Add VIC (ASX) to my watchlist

you contradicted yourself in this post. you value transparency...

Top Stories

HotCopper Highlights: Your most watched stocks for Week 46, 2024

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Cyclone signs MOU with Vale for development of Iron Bear play

Banshee's historic trenches prove rich in antimony and gold for GDM

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News