MEB 12.5% 0.9¢ medibio limited

Ann: Notice of Annual General Meeting/Proxy Form, page-20

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  1. 229 Posts.
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    lets just get down to the share price and put it in simple terms. If “the gun” doesn’t get the votes then what happens to the share price? I think we all know it will be back to 0.001c. With the amount of stock he holds its all over. What are FIL doing about this? Haven’t heard a thing from them!
    I read the paragraph about the 29c partly paid the gun owes. Seems like it was put out their in a smart ass manner...looks like share price is being capped and the board is saying well you can cap it all you want but at then end of day your the one that needs to be coming up with the 29c as opposed to leaving it linguiring at 4c. In my opinion FIL need to step up and take a massive position on market and drive it back up.
    How is the company going to get the payment of 29c..slim chance in my opinion!!
    What happened to Jack saying that he cleaned up the register and the company is no longer run by a bunch of “mining” guys. Looks like it was a load of crap all the way and the company was always run by a bunch of “mining” crew
 
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