CTO citigold corporation limited
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re: Ann: Notice of Annual General Meeting/Pro... So now they...

  1. gmt
    8,244 Posts.
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    27/10/11
    20:59
    Post #: 9203123
    re: Ann: Notice of Annual General Meeting/Pro... So now they want us to agree to another 25% dilution 250,000,000 share placement lets say at 8cents to raise $20mill.This is out of control IMHO, thought we were to have the $120mill raised through debt by the AGM !! Should have realised it did not state the year of the AGM.

    They were also quick to point out that the vote on the Remuneration Report means nothing they do it anyway and take it into account the next time the trough is placed in front in front of them. Whats the bloody point Top twenty hold 42% of the voting power, will just give me a warm feeling voting against all resolutions.

    DYOR My thoughts and ramblings only
    CTO Price at posting: 7.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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