CAY 2.47% 8.3¢ canyon resources limited

Ann: Notice of General Meeting/Proxy Form, page-8

  1. 1,378 Posts.
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    Yes a 10c exercise price, seems quite excessive to be fair.

    If it had of been a 20c exercise price, I'd be all for it. 20c with a 3 year expiry date, would be at multiples of about 280% of todays share price.

    If he's as good as suggested, and worth his weight in gold then show shareholders some respect of where we're at Mr HOHNEN. And put your money where your mouth is. A Win-win scenario.

    A 10c exercise price with a 3 year expiry date is another kick in the balls for all of us shareholders. Especially when we could be trading back at 10c in the coming weeks on any good news, post the last pathetic 2 year option deal that had poo all over it.

    It's bad enough Ashanti has been ramming us from behind over the years, now this chairman deal?

    Come on guys, show us shareholders some respect.

    Having said that, if EEA, WMA and a couple of the other T5 vote yes, were screwed regardless and it will be voted through..............

 
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