APG 0.00% 0.3¢ austpac resources nl

Management AGM MT stay or go, page-3

  1. 245 Posts.
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    TJ,
    It is absolutely essential that he goes and goes quickly.As a long term suffering major investor, I will not accept the status quo any longer. Someone once said;
    "The definition of insanity is doing the same thing yet expecting different results.

    For APG to have any credibility in the market and  investors, the board needs a major shakeup right NOW, with new diversified board members and a new MD. Its the only way we can move forward.

    I accepted the board's commitment  at the last AGM that MT was bowing out this year, yet here we are approaching yet another AGM, hes still there and we are in a worse position compared to last year.

    The only positive I saw in that annual report ( amongst a lot of negatives) was that the Chairman is tipping in 200K of his own money into the company.A rational man would not do this unless he thought his investment was safe. So it does make me feel that possibly there is something positive in the wind.

    I urge every shareholder to make an effort to attend the AGM this year and have your say.
    I also urge every shareholder to like TJ's post so we can send them a message that we are bloody fed up.
    Enough is enough!
    Cozzie
 
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