The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It would be great if any large holders say 5 million shares plus could throw their support for a no vote. They need to contact me at soloegm123@gmail.com
We can then discuss putting a formal group together in order to call an EGM. / remove the Board / block the sale etc.
If any here are members of other chat groups, please feel free to copy and post there.
I’d love to know who the supposed 11.1% holders who support the deal are. We have had no TR1’s stating a 3% plus holding. The board would then need at least a minimum of 4 holders that hold just under 3%. Or could it be they are just ball ****ttting us, wouldn’t be the first time.
To be honest I would rather do a share swap with Wentworth for say 1p for the equivalent value of their shares. At least we would be still involved in the drill. Let Reynolds get on with his vision in a new company. Probably also save Wentworth a few quid. Has this been look into by anyone???
I bet they don’t put my question to the Board
Why should shareholders trust the Board and what they say. Over the past 3 years the Board are the only individuals who have benefited from being a part of Scirocco. They have squandered monies raised from asset sales which include UKOG and Helium One. What stops them doing exactly the same with the monies raised from the Ruvuma sale. What fees are we being charged for this sale and what companies are we paying. Do any of our Directors, current or previous have any connection to these companies. These are the type of questions the Board should be made to answer.
Mrc - clarification
An ordinary resolution is 'passed' when more than 50% of the votes cast are in favour the resolution. This type of resolution requires a vote to be taken at: a general meeting of shareholders. a board meeting of directors.