"Macquarie is now conducting Due Diligence, with a view to considering "
another proposal"
Central has a pathway to positive cash-flow it remains
unfunded for the capital it requires to be able to benefit from the expected opportunities
Company’s funding challenges and
its recent share price performance could make it difficult for the Board to resist an Offer that provides shareholders with a liquidity opportunity at a significant value premium, in the
absence of an equity injection alternative
These include alternative proposals and equity capital structures and arrangements
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Mr Cottee you state challenges based on centrals
"recent share price performance" well I have news for most. Recent is defined as being "not long ago; belonging to a past period comparatively close to the present" I do not consider since year 2008 , s being recent,
do you Mr Cottee.
https://www.google.com.au/search?q=meaning of recent&ie=&oe=
Mr. Cottee, your attempt around this time last year for rattle the tin for the SPP failed IMHO miserably, I believe from memory less than 18% of your shareholders supported such attempt, those who did are at a loss. The central share price from memory tanking to 7 cents shortly after the SPP, lol.
From memory, you stood on a stand in front of croud and proudly confesed to have hired a man having the ability to Whack the Whack, this very saying hould be available for all to hear on the www if individual due diligence is done, yet that person seems to have been substituded for defence advisor.
Mr. Cottee, from my personal interpretation of your approved annoucement through the ASX, and as highlighted above, are we to be diluted under your management yet again?????
