GREY:IPRSF - Post by User
Comment by
lscfaon Feb 02, 2017 2:29pm
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Post# 25790834
RE:RE:Not Happy, but should we panic?
RE:RE:Not Happy, but should we panic?Rollbacks of 1:10 or greater require a shareholder vote....This was not on the agenda of last meeting so either mgmt has no intentions to rollback or will burden shareholders with the expense of a separate mtg just to vote on a rollback (incompetent move)
Bangkokboy wrote: The next step is consolidation, mgmnt has said this is a priority at the AGM. So, IMO they'll announce at around this level and am guessing 1:10.
I guess this was put on hold until the debt matter is resolved but it's coming.