C7A 0.00% 0.7¢ clara resources australia ltd

Ann: Capital Raising and SPP For Taronga Stage 1, page-66

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  1. 3,042 Posts.
    lightbulb Created with Sketch. 1694
    Considering you opened a thread titled EGM only yesterday and ended up stating you were going to sue the company for your losses - today's comments dumbfound me.

    What's the point of participating in a SPP at a price that we can probably buy on-market?? One pip difference at present. Wow, lucky us!! They're only doing this SPP because of the lack of confidence by S&I investors.

    As previously mentioned, let the Board of Directors and Executive put their money where their mouth is and fund the remainder of the raise. Then we will see some action!

    Will they even participate in the SPP being shareholders themselves?

    I'm drafting a letter to send to management. If anybody wants any questions or comments put into the letter, let me know. If you don't want to post here, send to my email: [email protected]

 
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