not much more could go wrong for CPN.. it has been death by a thousand cuts
for most of us it is absolutely acceptable for directors to be rewarded, for directors, staff to get incentives, rights, options etc etc etc .. it's all good
when the value of a company is increasing ..
and even when it's not, if directors etc are aggressively pursuing the interests of shareholders it demonstrates that intent to drive value
what I see is a company, allegedly, more interested in pleasing OZL / BHP.. i have shown more fight in the interests of CPN than allegedly the directors themselves
it is my speculation, based on evidence that i have in my possession, that the position of OZL, regarding the CPD was known a long long time ago.. yet CPN shareholders were left to hang out to dry
regarding the director sales, what mystifies me is why, knowing the tax implications of such renumeration methods, do companies use it ? and furthermore, having delved deeply into taxation practices, it is also well known that incurring a 'tax debt' this financial year doesn't mean you have to pay it immediately.. that's the whole furphy .. 'need to raise cash to fund a tax liability that has not been generated from taxable income'
no they don't 'need' to .. they 'chose' to .. yes they will have the tax liability, for FY23.. but alternative arrangements can be made with the ATO such as instalments etc etc.. you don't 'need' to pay an obligation to the ATO immediately unless you 'choose' to do so that's what is so ridiculous
they are just kicking own goal after own goal i would be laughing if i didn't have coin trapped in it
people just automatically panic at the thought of a 'lump sum tax obligation' yet these intelligent people, refuse to think outside the square and actually go into battle against the ATO to get favourable payment terms
instead they take the path of least resistance.. oh because i have shares that would be the best way to raise the funds
so dumb
either way all we can hope and pray for is that a bit of magic dust from WA1 lands on CPN or a bit of niobium shows up in the drilling or we get 50m at 2% TREO
then we'll be cheering
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Last
8.0¢ |
Change
-0.001(1.23%) |
Mkt cap ! $7.636M |
Open | High | Low | Value | Volume |
7.9¢ | 8.0¢ | 7.9¢ | $2.405K | 30.42K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 46856 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.0¢ | 48506 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 46856 | 0.078 |
2 | 99458 | 0.075 |
2 | 50135 | 0.074 |
2 | 13818 | 0.073 |
2 | 56000 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 48506 | 1 |
0.083 | 6000 | 1 |
0.084 | 5057 | 1 |
0.085 | 90972 | 1 |
0.090 | 188246 | 3 |
Last trade - 13.31pm 28/05/2024 (20 minute delay) ? |
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Last
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  |
Change
-0.001 ( 0.00 %) |
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Open | High | Low | Volume | ||
7.9¢ | 8.0¢ | 7.9¢ | 14559 | ||
Last updated 13.31pm 28/05/2024 ? |
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