CRE 0.00% 5.4¢ crescent gold limited

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  1. 13,640 Posts.
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    Board Change Theodore Back house resignation: "His decision to resign follows the recent dilution of Deutsche Bank's holding in Crescent".

    Deutsche Bank is not happy... from Jan 2010 their shareholding of 321M shares diluted from 52% to 30.55% (Jan 2011).

    Anyone know whether 30.55% is enough for 2 board seats? If so, why then Theodore resigning? is it because DB has had enough and sold down?

 
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