It appears that the Hofmeister loan was poorly secured, and Hofmeister did not put any money into the purchase of the engineering division...........unless we elect Pauley to the board it is unlikely that shareholders will find out the details of the loan to Hofmeister and the reasons why it has now been written down.
in any case it appears that the directors have not looked after shareholders interests as this is non-core to the runing of the business and clearly CMI should not be in the business of extending loans to 3rd parties.
- Forums
- ASX - By Stock
- ECL
- election of director - gerry pauley
election of director - gerry pauley , page-5
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
Add ECL (ASX) to my watchlist
|
|||||
Last
$3.15 |
Change
0.000(0.00%) |
Mkt cap ! $91.33M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7 | $3.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.48 | 9326 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7 | 3.160 |
1 | 5743 | 3.110 |
1 | 333 | 3.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
3.480 | 9326 | 1 |
3.500 | 5000 | 1 |
3.950 | 20000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.12pm 02/08/2024 (20 minute delay) ? |
Featured News
ECL (ASX) Chart |
Day chart unavailable