Post by
nozzpack on Dec 04, 2022 10:44am
AGM Tommorow
Perhaps someone who posts on SH will keep us updated as to what is being divulged other than what we already know.
Passage of the options package is a high priority for management.
There are currently no stock options which is a great impediment when seeking not only to retain and motivate but also in recruiting new members of the BOD.
We already know, from the documentation available that re arrangements are planned which will separate the PRC operations from Western operations including relevant management focus.
If all goes according to my forecast of the IPO outcomes, Majestic will have just 50 m shares trading in the $5 range with oodles of cash, immediately post IPO and HKEX.
This will be its financial stature when it seeks to acquire very advanced or already producing assets outside PRC and will have the attractive stock options to bring aboard top calibre new Management.
I don't think that most investors yet understand the rationale of the HKEX nor the transformation that will emerge from that listing and its IPO.
Soon however, this will become very clear, once the redactions have become redundant..