Ann: Results of Annual General Meeting, page-5

First 5 Last

Share
Profile

Follow
goarmy

5,661 Posts.

325

25/11/19

16:42

Post #: 41619672
Share

Originally posted by Calimack: ↑

I was at the meeting and thought I would bring you up to speed with what was discussed.
they are still in negotiations as per their latest release, they had hoped to be able to announce something at the AGM but that wasn't possible.
There was acknowledgment that unless these negotiations have a positive outcome then their is no ongoing viability for the company, so in effect it is one of two things and that is going to play out soon.

In regard to the CBA they acknowledged that it was a calculated move that had its risks, they had done everything asked of them but at the beginning of the year the amount of work dried up and Intiger were left carrying the staff that had been employed as part of the pilot and the resultant overheads. CBA were paying for the work but had not meet any of the capital costs associated with scaling up to meet the demands of the pilot and what was going to be required if the pilot went to contract. key to how it all played out was a shift in direction by the bank, what if anything any shortcomings at the Intiger management level had to do with the result weren't discussed in any detail.

There was a lot of discussion around topics that had been debate at length on here, I am not sure there is any benefit to go over that here.

In essence the journey that has been IAM is coming to a head shortly and as a shareholder I hope that it is good news, however the track record and my head would support the opposite, but at least we will know soon.

Expand

Were you the only one who turned up ...or where there a lot of other attendee's ???

IAM Price at posting: 0.1¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

SVL

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

TRE

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

HIQ

Mouthguard concussion sensor tech developer HIT IQ wins second US patent

There are more pages in this discussion • 87 more messages in this thread...

First 5 Last

Add CF1 (ASX) to my watchlist

(20min delay)
Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $13.63M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	177823	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	331812	1

View Market Depth

No.	Vol.	Price($)
3	177823	0.020
1	688535	0.019
1	345696	0.018
1	1000000	0.017
1	1000000	0.016

Price($)	Vol.	No.
0.023	331812	1
0.024	265827	2
0.026	220000	1
0.028	1000000	1
0.030	780000	2

Last trade - 10.02am 21/08/2024 (20 minute delay)

CF1 (ASX) Chart

Day chart unavailable

Ann: Results of Annual General Meeting, page-5

The Rising Tide: How institutional adoption is shaping the future of crypto

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

Mouthguard concussion sensor tech developer HIT IQ wins second US patent

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Results of Annual General Meeting, page-5

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

Mouthguard concussion sensor tech developer HIT IQ wins second US patent

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News