"Why would you raise when you didnt need to, at the worst prices, doesnt make any sense, something is up with this cash in bank on the quarterlies."
Yup - exactly what I've been saying for ages and it's obviously been exposed in the media lately too.
Even worse .... Why would they put in a 'Special Resolution' to increase their ability to issue an extra 10% of the share registry on top of the 15% already allowed ??
I have a conspiracy idea on why but I figure the best thing that everyone here can do for now is to write down any and all concerns (bearing in mind the BoD will most likely see it all too) so that there is a record here regarding this behaviour.
Look, Cannabiz have even done a piece this week which won't do Sholom & co any favours either so the more they're put on the back foot the better, imo.
Then, it's AGM fiasco...many here have reported they couldn't parttake in it - this includes myself. I could watch on, see the slides, hear their commentary etc BUT there wasn't a single comment from any participant when David Austin invited comments to each 'Resolution'. I'm wondering if there was a convenient tech glitch...did anyone here have the ability to ask a question or make a comment ?
CGB Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
