Last week I wrote to Pretorius asking some questions (see other thread for quoted text).
As expected there has been no response, so I have just emailed him again and I quote
"Dr Pretorius,
I have not received a reply from Mr Morgan. As a shareholder I am entitled to a timely response to any query raised.
This confirms my belief that the management of this company considers shareholders with contempt, and has a culture of withholding information which has driven the share price to ever lower lows.
Tomorrow I shall complain to the authorities at the ASX of this situation."
I'm fed up with this mob - as you correctly state we own a valuable resource - which at its most conservative valuation should have the SP at around $0.60.
I'm also wondering why a number of directors have resigned - the most recent after only 2 months. I think we are entitled to know why. Are they fearful for their personal assets?
I have recently resigned a directorship because the company had a culture of non-disclosure, secrecy, and perhaps non-conformity as regards legal obligations. The last thing I wanted was to become personally liable for anything done by the company concerned -
I have zero experience in how to bring a listed company to task, but shareholders are entitled to better than CNQ is providing, so I will fumble my way through whatever the process is.
Of course, the recalcitrant board can easily avoid any issues by telling us what is going on.
- Forums
- ASX - By Stock
- EQR
- to the suffering shareholders of cnq.ax
to the suffering shareholders of cnq.ax, page-2
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EQR (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $118.5M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.3¢ | $25.68K | 477.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 600000 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 2659 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 600000 | 0.052 |
2 | 29900 | 0.050 |
1 | 20000 | 0.049 |
2 | 256000 | 0.048 |
1 | 133603 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 2659 | 1 |
0.056 | 60374 | 2 |
0.057 | 277161 | 2 |
0.058 | 250000 | 1 |
0.059 | 954694 | 4 |
Last trade - 15.30pm 15/10/2024 (20 minute delay) ? |
Featured News
EQR (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online