Australia's largest stock trading and investment forum Australia's #1 stock forum

CF1

Click for more information

0.00%

2.0¢ complii fintech solutions ltd

Ann: Update on Convertible Note Funding, page-29

First 29 Last

Share
Profile

Follow
goarmy

5,661 Posts.

325

02/01/20

09:28

Post #: 42189803
Share

Originally posted by Beard_of_Zeus: ↑

"He also mentioned to me that dealing with CBA constituted a ‘moral hazard’ and that, as such, it was better to move on."

Whether or not shareholders are happy with going broke over a moral principle, would be interesting to know the timing of this revelation. Or am I understanding this wrong?

At what stage during the year+ of talks, then over a year of trials, after you have gone all-in with shareholders cash, do you decide that its better to send the company almost into liquidation rather than pursue a deal?

I appreciate you sharing, WB, as not all shareholders are worthy of these priveleged insights. But every excuse/explanation so far has left me gobsmacked. I cant really understand the rationale. Am I alone? These do not seem like the thoughts of a director that I am remotely comfortable investing in, and it doesnt give me the impression that shareholder interests are priority 1.

Expand

Good post BOZ...I also share your concerns

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

0 Great analysis

Reply

Top Stories

CC9

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

FFM

Firefly positioned for copper growth in Canada ahead of resource update

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 74 more messages in this thread...

First 29 Last

Add CF1 (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $11.43M

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

Buyers (Bids)

No.	Vol.	Price($)
1	150000	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	200000	1

View Market Depth

No.	Vol.	Price($)
1	150000	0.021
2	491721	0.020
1	2772	0.019
3	1434231	0.018
1	1000000	0.017

Price($)	Vol.	No.
0.022	200000	1
0.023	300000	1
0.024	125000	1
0.026	64744	1
0.030	827135	4

Last trade - 16.12pm 03/10/2024 (20 minute delay)

CF1 (ASX) Chart

Day chart unavailable