VAN 3.85% 7.5¢ vango mining limited

A quick look at the agenda: 1. FINANCIAL STATEMENTS AND REPORTS...

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  1. 1,507 Posts.
    A quick look at the agenda:

    1. FINANCIAL STATEMENTS AND REPORTS
    Well the numbers might very well be right, but they are not encouraging.
    2. RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT
    See note at item 1.
    3. RESOLUTION 2 – RE-ELECTION OF DIRECTOR – MR SHENGQIANG (SEAN) ZHOU
    Why? What, apart from drawing quite a decent salary, and turning up for "work", has he achieved?
    4. RESOLUTION 3 – RE-ELECTION OF DIRECTOR – BRUCE MCINNES
    Ditto
    5. RESOLUTION 4 – CONSOLIDATION OF CAPITAL
    So instead of 20 shares I will hold 1. How does that change anything, except giving it scope to have even less value?
    Oh, I forgot the option. Really guys, you think anyone is going to take them up?
    6. RESOLUTION 5 – ISSUE OF SHARES TO MR FRANK ZHU UNDER THE ORD SHARE PLAN
    What, more? Not that they are worth a helluva lot.
    7. RESOLUTION 6 – ISSUE OF SHARES TO MR BRUCE MCINNES UNDER THE ORD SHARE PLAN
    Oh yes, he'll need some too.
    8. RESOLUTION 7 – ISSUE OF SHARES TO MR SHENGQIANG (SEAN) ZHOU UNDER THE ORD SHARE PLAN
    Why not? Can't leave him out.
    9. RESOLUTION 8 – CHANGE OF COMPANY NAME
    You think people ain't gonna know who you are?

    Ok, here's the $64 question... Guess which way I am voting. No prizes. Oh, you could have some of my shares. Come to think of it, HAVE THEM ALL!

    (Come to think of it, postage these days is now 70 cents -- I am not sure it is justifiable economically, so I may not be voting!)
    Last edited by RoryOThighblast: 29/10/14
 
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