So the Board gives shareholders a gun to the head devil's choice... accept the "not fair" deal or potentially lose funding.
Head they win, tails you lose.
Vote No to conversion. Put pressure on the Board and particularly the independent directors to find alternative funding.
Perhaps a No vote might even be the nudge needed to fix this Governance shemozzle.
And get noisy with the regulator otherwise they'll do nothing.
So the Board gives shareholders a gun to the head devil's...
Add CDX (ASX) to my watchlist
 (20min delay)
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Last
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $15.29M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.2¢ | $7.557K | 140.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 88618 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 27534 | 1 |
View Market Depth
| Last trade - 15.59pm 06/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.4¢ | 5.2¢ | 70024 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| CDX (ASX) Chart |