Last year management said they were working on a plan alter the...

Last year management said they were working on a plan alter the capital structure. Now this year they are dead silent about it and said nothing about strategic alternatives.

Shareholders have no voting rights so management is free to do whatever they want and pay themselves whatever they want and destroy shareholder capital with impunity as they have a long track record of doing.

Tough situation to be a Namoi shareholder. You basically have no say in how the business is run and how profits are distributed and can never vote against management.

please if anyone disagrees or has anything positive to say please post.