CMY 0.00% 0.5¢ capital mining limited

Ann: Update on Proposed Transaction-CMY.AX, page-59

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  1. 1,340 Posts.
    lightbulb Created with Sketch. 39
    "pull a rabbit out of the hat"...More like...Pick a wallet out of the back pocket

    33% of the board have been involved in all of the failed acquisition attempts.
    Nearly $1million dollars paid to directors this financial year in salaries and bonuses. $500k loan to STI who Torney is also a director with and then STI are de-listed from the ASX. $500k to chapmans for doing nothing but organize what 5? Credit raises.
    Why would he hang in there when he could put the remaining 5% of his investment into something that actually has a chance of doing something?
 
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