RE: Disconcerting matters – AGM of 30 June 202019 Jun 2020 15:37
Interesting comments and points raised Hieronymus. I've only been a shareholder in ARS for 18 months. Are there previous incidences of corporate mis-governance which raise concern?
The previous deal for shares with Aeturnum was a bit of a sweetheart deal, I agree. However, I could live with it if it's for the greater good, and we won't know that until we find out the terms of the deal of any acquisition of KSK. However, there is less change of them low balling us for it, as they have a vested interest in ARS too now.
On your point about the raise of authorised capital, I admit I've not seen the resolution but often see these. I don't get overly concerned about it, as we don't know what funds maybe required and it's general good practice to cover off this base. It doesn't mean the company will raise $25m. It just gives them authorisation to, should there be a requirement.
I'm happy to give Tony the benefit of the doubt for the time being. However, if you've had a previous bad experience here, please advise, as i'd be interested to know