RMA 0.00% 0.0¢ reeltime media limited

Newtrader I will have to take issue with your comment"An...

  1. 866 Posts.
    Newtrader I will have to take issue with your comment

    "An dilution didnt seem to bother MOL (who is the only one that should really care)"

    You seem to forget that 2 of the Directors of RMA are also Directors and Major shareholders of MOL, so the to state that it does not bother them I would agree and as they do represent the majority of the shareholding within that group I would agree, but as they have a potential conflict of interest here I would not consider their views to be of any consequence.

    However there is another point of view from the long term minority investors and shareholders, I have spoken to other some MOL shareholders to find out their attitudes, firstly they are not pleased of what has happened and want to get out, and secondly there are those who are not pleased in what has happened but are hoping that the money they put in could be saved by this move.

    All however have expressed their lack of confidence in the Directors. That’s what you get I guess when the Managing Director, Chairman and CFO of MOL does not turn up to the MOL AGM to face the shareholders.

    From my point of view as soon as I can get out of MOL one way or the other I will be getting out.
 
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