CDB condor blanco mines limited

This one from you 101 is gold. Lets put aside you had a go at me...

  1. 11,423 Posts.
    lightbulb Created with Sketch. 311
    This one from you 101  is gold. Lets put aside you had a go at me for my writing abilities.  

    http://hotcopper.com.au/posts/17708439/single

    I can't comment on the 50 million shares, however from a corporate law perspective, CDB isn't really breaching any rules. Yes, I admit that it's not the norm and people are upset, however companies are allowed to place shares in escrow.   For example, a company can issue shares to a third party for the purpose of a finance facility (where shares are sold and proceeds sent back Company) and this is totally fine.  Regardless, with or without the 50 Million, I'm not certain that Farquar is going to have the votes.   To be honest, I'm not sure if this is what is really after. Do you really think he wants to take of the Company or is he simply applying some pressure to the current directors to get something done.  Maybe it's just expediting the deal.

    Looks a lot like the ASX and ASIC dont agree with you either, I think you have just about spent any credibility you may of had.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.