AUZ 7.69% 1.2¢ australian mines limited

Corporate Restructure

  1. 380 Posts.
    lightbulb Created with Sketch. 73
    Is it time for a corporate restructure. What is the consensus?

    Even tho they have made me money, I have wanted to see the back of Bell, Ramsden and Marinelli since back in 2015/2016.

    The cheap shares to Terrane Capital (Michael Ramsdens company) never sat right with me. Very few cared because the share price went up.

    None of these three have ever bought on market as far as I am aware.

    Bell I could live with stepping into another role. The other 2 have no value.

    Bell is a good spin dr. The problem is a lot of his lies, predictions and exaggerations have now come home to roost and this has eroded confidence in the company. 

    What say you all? 

    I have been purposefully vague. There are lots of black marks against Bell in particular. The other two can hide behind the scenes but in my opinion need to go more than Bell.

    I realise I shouldn't have kept shares in a company with directors I didn't like. I did sell half at 12c or so and my remaining shares have a cost base of less than a cent so I'm still good but there are obviously regrets. 
    A good learning curve.
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