CMQ 0.00% 8.3¢ chemeq limited

refinancing not going ahead, page-18

  1. 830 Posts.
    Nockname,
    Hats off to Optimix’s dream CEO. His PR skill in turning “non-events” into “news” is legendary.

    Not that long ago, he managed to excite ding bats with a “Non-binding Letter of Intent”!

    The only “news” was IFCA did not put forward any new proposal. This latest shareholder update certainly set the ding bats hearts racing. When the IFCA deal was put to rest by the failure of the condition precedents, it could be argued that the continuous disclosure rule requires CMQ to update share holder on IFCA’s intentions which was announced as “IFCA had not put forward any new proposal”.

    Cheers

    PS: Will the CFO case turn into another Leane Hinch (or similar name) saga?
 
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