I'm not trying to defend anybody here, however, if we knew we needed funding and would require to issue shares or options, which require shareholder approval, having an EGM to settle and then needing another EGM shortly afterwards to issue options would be a cause for a simple delay.
BUT I do not believe my eyes today, seeing that much at 2.1 and all. I wish I was a little more decisive and dumped some of my other holdings to cover the buys in CSD as I think this is just plain stupid. Fundamentally, this is a crazy valuation although those delays are really hurting the share price and have been for some time.
Add to that, it is now GEO, another T20 holder for years, which has decided to sell at this very stage. Coincidence? I don't know but I'm very disappointed. :-(
What should have been an awesome day for CSD, given metal prices were up and inventory were down, making CSD worth more, has lead to a debacle. Now, apparently it has broken a downtrend and I'm sure Johnny will be claiming it is heading to 1 cent.
Absolutely crazy. I'm so frigging frustrated at the control the sellers have and I want to blame someone but I guess I'll just have to cop it on the chin. When will this selling of CSD stop?
Auuuuuuuuuuuugggggggggggggggghhhhhhhhhhhhhhh!!!!!!!!!!!!!!!!!!!!
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