Understand your thinking about us being looked after if they look after themselves but it isnt really true.
Firstly, they havent looked after us as some muppet there didnt put the proper form into the SA government when he should have ie they submitted an incomplete application.
We, as shareholders pay management for their competency. Submitting proper forms to any government/agency etc is CORE COMPETENCY.
Seccondly, given the 50,000,0000 options are going to "Mates" and then another god knows how many million going to directors, we shareholders will have our equity diluted.
What you need to ask is how much more valuable your shares in CDS would have been if they had of submitted the proper information in the first place...rather than giving us a bum steer ie the B/S announcements along the line of "Mgt expect RBSA approval by April" then April lapses and we get an EGM that will dilue all of us holders.
CDS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held