AVB 0.00% 16.5¢ avanco resources limited

lets see the implications of voting yes and no Voting yes - Your...

  1. 833 Posts.
    lets see the implications of voting yes and no

    Voting yes - Your holdings get diluted if exercised. Directors get a free ride at no risk should things go sour. Still draw decent salaries.


    Voting no- Nothing happens. Directors keep working. Less motivation to work? Perhaps but don't forget this is a growing company which will mean they get higher salaries as time goes on. The big boys also own a massive 40%+ chunk which will make sacking directors a piece of cake. Big names on the register and their networks spread far and wide to many big companies and having a bad reputation amongst them as a director is a BIG nono. Besides, the big boys are going to lend their expertise as mentioned by Greenstone and Xstrata.

    Make your vote count.
 
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Currently unlisted public company.

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