CXO 0.00% 14.0¢ core lithium ltd

Ann: A$100m Underwritten Institutional Placement and A$20m SPP, page-5

  1. 3,061 Posts.
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    Gareth the Gr*b.

    https://hotcopper.com.au/data/attachments/5512/5512951-9f9adee58eab5c8ef2875d6fc21ed890.jpg

    Value for shareholders?. What a sick joke.

    He has no skin in the game and clearly doesn't care about the SP or the value destruction he has orchestrated.

    He only cares about his fat salary and cheap bonus shares.

    This is beyond insulting.

    And all this cash raised and still no flotation circuit eek.png.

    I've never seen a company and its CEO implode like this.

    On principle, I will NOT be participating the shonky SPP and I will never buy another CXO share as long as I live.

    I will sell at the first decent opportunity if we see a recovery.

    Thank god I hold a few quality companies such as PLS with management that actually care about their shareholders.

 
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