CDU 0.00% 23.5¢ cudeco limited

$23m on alljig gravity circuit - for what?, page-21

  1. 7,675 Posts.
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    Hi Jantimot

    regarding your statement below
    "So 45% is usually cast iron control. 40% would take some dislodging. Anyway, if there was a vote as to whether divis should be paid, make a takeover bid or more exploration be carried out, some of the 55% might vote for exploration or a takeover anyway."

    Shareholders do not cast votes on such matters as dividend payments or exploration commitments, these are matters for the board to decide. The board declares a divvie it doesn't seek s/h approval
 
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