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Ann: Scheme of Arrangement and Demerger, page-39

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pjp

7 Posts.

7

12/03/19

12:51

Post #: 37732243
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Originally posted by McNoob: ↑

Dear HC guys and gals,

I own about 0.2% of GBG, and I will be voting NO.

This deal is a total rip-off, and gives away the only asset of value GBG actually has. Mt Gunson?! Gimmie a break... and no, I won’t be subscribing to any of your capital raisings.

GBG board is a disgrace. They sold us out to Ansteel long ago when they wrote down the value of Karara shares to NIL. This shareholder shafting has been a long time in the making by this incompetent/corrupt board.

Personally I’d rather see the contingent liabilities get triggered and GBG and/or Karara go up in smoke.

I’d rather get a big fat zero than have Karara stolen from us!

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I own a little less than that, approx 2.1m shares. Maybe we should do as Rocket suggests, get the numbers and call a meeting.

GBG Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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