LIO 0.00% 2.2¢ lion energy limited

re: Ann: LIO Share Buy-Back and Appendices 3C... Yes 65% of...

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  1. 6,756 Posts.
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    re: Ann: LIO Share Buy-Back and Appendices 3C... Yes 65% of shareholders get all the money equiv to 9c-10c/share and the other 35% of shareholders get some non-performing oil asset that is then diluted by large share issues.
    Talk about oppression of minority shareholders.
    I will be writing to both ASX and ASIC concerning this matter this weekend.
    All shareholders should be treated equally and be given a capital return from the cash held.
 
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