CXO 0.00% 12.0¢ core lithium ltd

Ann: Successful Completion of Institutional Placement, page-46

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  1. 232 Posts.
    lightbulb Created with Sketch. 64
    Love the tone of your reply.....

    The content of my e-mail was to express my disgust at the erosion of shareholder value due to the ridiculous discount on share price, when already at 12 month lows.

    Given the mandate of a board of a publicly listed company is to protect shareholders interests, I suggested that this was a failure of their duties.

    I'd suggest not doing a capital raise at the lowest share price, with an added discount over and above the norm, with vast amounts of cash AND positive cashflow generation, would be a good way to "do things differently". But maybe common sense isn't a strong point for you? And you'd rather lick boots?

    If you think your snide comment should dissuade anyone from holding a company accountable THAT THEY OWN SHARES IN, then best of luck to you. I'd suggest you are the "brave" one.

    Now, I'll let you get back to your mouth breathing.
 
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