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Ann: Director Resignation and Appendix 3Z-CNX.AX, page-2

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  1. mmmmgus
    1,316 Posts.
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    12/10/16
    10:01
    Post #: 19792637
    This announcement makes me a bit nervous. It will be interesting to see which way this goes. $10M is a bit to digest. Looks like shareholders might have to deal with a special share issue (read: further dilution) and at a guess then a share consolidation. Not good.
    CNX Price at posting: 1.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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