Ann: Consolidation/Split - AON-AON.AX, page-15

I am an occasional holder of AON since JV with ENT for FR tenements and now days continuously holding.
Frankly, I can say I am a very experienced trader at some stage T/O reaching $10 mil a year. Average around over $ 5mil.
And so far, calculated grand final return is somewhat just slight 'in the money' but after paying brokerage fees and miscellaneous costs, I would say just 'break even'. Regarding AON, it is likely just 'in the money' situation for me so far. Feel sorry to others.

Now there arises a mountain of issues to be answered from the company.
It seems shareholders are facing another whammies from tricky managerial personals.
Due to (1) bad results and/or mis-management or directorship and then (2) SP went down and (3) raising money and (4) SP
went down (on purpose or by natural) by mismanagement/directorship and (5) 1-for-10 consolidation and SP continuously down (on purpose or by natural) and (6) proposed 1-for-4 consolidation and if shareholders approved (7) 30m new shares to be issued at 50% market discounted price to only eligible investors....... total mess and no any feeling of responsibility from top personals for destruction of shareholders wealth and credibility of company reputation, etc.

From this point I can expect 4 different possible cases in the future:
1. the company won't go anywhere further at all due to scrutinization ....
.........Everything will be halted, it may be good for shareholders for a longer term perspective.
2. at the shareholders meeting, possibly all agendas objected.......
.........despite, we can expect planned drilling at north of Plato with tight budget but with great hope.
3. possible some agendas go-ahead and some objected...it depends on results and case by case approach.

Again, I am holding only reason for high hope of very prospective JV FR tenements.
Absolutely no other reasons at all.

Regards,