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Re: JRoon71 post# 421275

Monday, 02/12/2024 9:33:07 AM

Monday, February 12, 2024 9:33:07 AM

Post# of 430557
JROON

Ruin

Where do you get these ideas
"The New
Articles require all directors to retire and seek re-election at each annual general meeting of the Company"
This simply is good governance as each director is up for voted on or off every year.
And especially for you
"The Company has built up a substantial capital reserve in its share premium account through the issue of shares at prices in excess of the nominal value of
those shares"
"By undertaking the proposed Reduction of Capital, the
Company will cancel the balance standing to the credit of the Company’s share premium account and the sum so cancelled will then be treated as
distributable (subject to satisfying the claims of the Company’s creditors, if applicable) for the purposes of returning cash to the Company’s shareholders in
the future.
Such distributable reserves arising on the
Reduction of Capital will support the Company’s ability to return cash to its shareholders, either through the payment of dividends or the repurchase of
shares. "
returning cash to companies shareholders mmmm nice.
In just 2 years you have posted over 2100 posts on a single stock....me thinks you have alternative intentions. we see you for what you are

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