JRL 11.8% $3.13 jindalee resources limited

Bongo, fair question. Unfortunately there has been no noticeable...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 673 Posts.
    lightbulb Created with Sketch. 54
    Bongo, fair question. Unfortunately there has been no noticeable support to further pressure the Board to wind up this lazy and ineffective company and the liquidator distribute what’s left to long suffering shareholders before its spent on admin costs. I’m in the Eastern States and unable to front the company.

    I agree that shareholder activism is the only way to change this company’s intransigence, however, too few seemed prepared to join the protest, let alone a ‘posse’.

    Other than a costly legal challenge to wind up this fallen star or move on the grounds of oppression of minority interests, we seem destined to more of the past decade of awaiting the company changing event we read the Board is looking for in every quarterly and annual report. It’s a complete nonsense. The Energy Metals deal is too long ago to have any compensatory relevance a decade later.

    Anyone out there who has lost patience and is prepared to seriously rattle the cage?
 
watchlist Created with Sketch. Add JRL (ASX) to my watchlist

Currently unlisted public company.

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