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Good to see shareholders standing up for a fair deal/rights....

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rocket973

4,695 Posts.

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11/01/19

10:30

Post #: 37089259
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Originally posted by Verticordia ↑

Today there is a protest outside of the Flinders Mines (Another Perth based smallcap) office at 45 Ventnor avenue in west perth at 10am . It is to protest against the board and majority shareholders who have gone to great lengths to hide the true value of the resource so that the majority shareholders can takeover the company at a heavily reduced price. Shareholders from other companies are all welcome and its a great chance to let society know that ASX shareholders want a royal commission into the ASX and all the corruption and lack of ASIC action.
https://thewest.com.au/business/min...lity-for-mum-and-dad-investors-ng-b881065225z

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Good to see shareholders standing up for a fair deal/rights. Reminds of the Board of ConsMin who recommended an arrangement for the company to be partly taken over for about 30% of valuation. Shareholders stood up and a fair takeover resulted from another company.
Although I don't think anybody would be so dumb as to want to takeover IOR. Its just too good a cash cow for the Board.

IOR Price at posting: 6.9¢ Sentiment: Hold Disclosure: Not Held
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