Out of 5 Resolutions to be voted on for the upcoming AGM on 30th Nov, the 5th one is to gain approval from shareholders for a 10% Placement Capacity.! Imo, anyone would be not quite the full shilling to allow them to dilute your shareholding by yet another 10% by approving yet another 440M shares to be potentially issued.!
My P roxy form is going back to them in the morning with a NO tick.!
Incidentally, resolution no. 3 is to re-elect Sholom Feldman as a Director.. I'll toss a coin on that one..
CGB Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held