Smarty,
These loans will be used to execute the Directors’ 2,500,000 options that expire 27 Sept 2018. What is driving this negative sentiment is that previously there has been no suggestion of these loans and that it has been left till the last moment, when they have had 5 years to prepare for the execution of these options.
More irritating is that Cynata has recently done a Capital raising, one that wasn’t really required and more done to bring on a major financial institution (Fidelity) as a major shareholder. But to now draw on these funds to provide loans to these directors doesn’t sit well with a substantial number of Cynata’s shareholders.
I would ask you to seriously consider this in your determination on how to vote on this resolutions.
I would urge you to also vote No.
- Forums
- ASX - By Stock
- A No voting block & an alternative loan facility
Smarty, These loans will be used to execute the Directors’...
-
- There are more pages in this discussion • 31 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
Add CYP (ASX) to my watchlist
|
|||||
Last
25.5¢ |
Change
0.005(2.00%) |
Mkt cap ! $45.80M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 25.5¢ | $313 | 1.229K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22209 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 36715 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20209 | 0.250 |
2 | 49573 | 0.245 |
2 | 102000 | 0.240 |
1 | 100000 | 0.235 |
2 | 15173 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 36715 | 1 |
0.265 | 8119 | 2 |
0.270 | 30000 | 1 |
0.290 | 1900 | 1 |
0.295 | 183892 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
CYP (ASX) Chart |