Petition updateStop dishonest practices on the Australian Stock Exchange and demand a Royal Commission.Five years old and still the most signed ASX petition in Australia
Ben PauleyPerth, Australia
Jul 28, 2024

If you are getting this update you are one of the lucky few! After some exhausting attempts to get the truth , change .org staff have finally admitted that only around 1000 people receive updates to this petition. And that is out of over 8300 people that have signed it. 

What to do? All we can do is hope that of you 1000 awakened wonders,  some of you will see the sense in joining us in Maronan Metals - the only ASX stock I now invest in. And that is all we need , just a few but the more the merrier.  If you send an email to Ben.pauley@gmail.com I can fill you in on more of the details but here is a summary.

Maronan is I believe the most valuable silver deposit out of all the silver developer stocks on the ASX considering the price suppression that has taken place which has brought the price of Maronan down to almost the IPO price. 

Maronan is perfectly setup for the coming silver bull run, being only 3 years away from mine development. No decision to mine has been made yet but I can assure you it will be made. This deposit almost got mined back in 2015 and we have drilled so much more silver since then.

After many years of working on this petition and other ASX corruption exposing articles I have taken a vow of strong determination now to take whatever actions I can within the law to see the price of Maronan rise for ALL shareholders to benefit. 

Actions I have taken so far 

 

1). Takeover panel application ($2.4K) to try and stop a placement to brokers Veritas which I was unable to stop.  This unfair practice of using brokers to raise funds has to stop.

2). Paid a consultant for a 39 page report ($7k) to identify suspicious trading used to suppress the price in the two years since IPO

3). Obtained the share registers of Red Metal (owns almost half of Maronan) and Maronan. Contacted shareholders in both companies by email and snail mail to show them the report and develop a community of shareholders. 

The foundations are set for a huge retail led activist defense of Maronan’s share price. Unscrupulous players on the register that are linked to corporate plays like takeovers and mergers are to be defeated with your help. Many shareholders have formed groups to do such a thing before but none on such a scale that I wish to try.  Joining us in Maronan and sharing with your friends so they join too is how we can share in the benefits and become successful investors. 

Could I fail - yes. But I believe the benefits outweigh the risks. I’ve even tried this in other companies before but I made mistakes and the companies didn’t have as much appeal to me as this one. 

Please note, it is very difficult to try what I am trying unless you have contacts, networks of shareholders who can help you. If you just try to do it with the shareholders in your own asx company you won’t have the firepower to fight back.

 

 

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