CAY 3.95% 7.3¢ canyon resources limited

Ann: Board Update and Change to CEO Incentives, page-49

  1. 1,326 Posts.
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    Here's 1 last thing I will state on the price and handling of our latest Crap Raise.

    Another stock I recently invested in is OKR. They were trading at 18c before going into a TH earlier this week for a CR which we all new was on the cards.

    They completed the CR with strong demand @15c with a free attaching option @ 30c with a 2 year expiry date. They relisted today and are still trading at the price before going into a TH. They didn't have the backing of a robust and viable BFS backing the CR relist.

    My point is this CR could have been handled much more fairer and viable, taking into consideration SHers interests and not just in the participants of the CR favour.

    Peace!
 
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