I am a long term holder of this stock, and I wish I had never...

I am a long term holder of this stock, and I wish I had never heard of RNI/AUR.

If it wasn't for Shady Merv's optimism/knowledge I would have flogged them ages ago.

I am stunned and amazed at this turn of events.

There is absolutlely no consideration given to any of the minority shareholders at all. This smacks of job protectionism, and the whims of 1 or 2 shareholders.

Instead they want the stock put into ASIC's hands for a sale. Thanks for the overhang. You can forget any interested parties buying any more stock. In fact if it goes through no big investor will touch this thing.

Also I thought the letter with the Notice of Meeting was desperate. So what if there was a group of shareholders had meetings trying to nut out a deal with assets of the company. Nothing can happen without board approval anyway, so why worry about that? To say that t benefited a small group of shareholders is hypocritical given this latest move. THIS ALSO SHOULD HAVE BEEN COMMUNICATED TO SHAREHOLDERS-IT WAS THAT SIGNIFICANT.

I was open about the board until this, it now completely fails the sniff test.

How about finding a resource.