Post by
MisterMarket on May 31, 2024 11:33pm
VOTE !!
If you were a shareholder of Alta Copper as of May 8 2024 you are eligible to vote at the Annual General Meeting to be held on June 25 2024.
At the 2023 Annual Meeting only18.45% of the total outstanding shares were represented. At a Special Vote to allow Fortesque to participate in a private placement and increase the number of shares it held, 31.20% of the companies shares were represented.
31% is also the percentage of Alta's stock Fortesque owns. Consievably Fortesque could vote its shares to withhold the election of Alta's management. Also you could vote against the Omnibus Equity Incentive Plan. The PEA should be enough incentive for them to buy shares to make more money (and promote the company) like Giulio Bonifacio is doing.
Comment by
ForesstGump on Jun 02, 2024 9:23pm
Not sure our votes will make a difference. I think the company will be taken out after the permit are given, but not at an excessively high value. I think we will be lucky if we get to 2.50/sh
Comment by
rrr1982 on Jun 03, 2024 12:50am
you realize fortescue cannot vote at the offer they give? to sell after we get the permit would be insane
Comment by
horsewithnoname on Jun 03, 2024 1:28am
If the price is right anytime - I am ok selling for 3 USD before the next PP - Nacent you can count on me:)