CMY 0.00% 0.5¢ capital mining limited

Ann: Suspension Update, page-16

  1. 213 Posts.
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    The ASX's purpose is to regulate and provide a fair and transparent market for shareholders.

    They have asked questions of CMY this year as they're clearly concerned that the company is spending much more on salaries and payments to related parties than mining exploration and building shareholder wealth.

    I wouldn't be surprised if the ASX has doubts this company is being run as a going concern and has unacceptable conflicts with CHP.

    The share price chart shows a relentless decay of shareholder wealth.

    Don't let these directors fool you into believing the ASX is to blame. It's uncanny how similar this is playing out with the failed BCC deal - suspension after suspension culminating in CMY blaming others for ultimately failing to secure a deal.
 
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