as smallish shareholders we are so screwed with no way for our votes to make a dent against the proposed resolutions...more dilution, no information. If we had information we could make informed decisions.
My ill-informed decision is to just keep the shares and take a punt that my losses won't go from the roughly 88% they are now to the full 100%, with perhaps the opportunity that the next ramp will let me cut my losses to 50%.
Whats another few grand loss amongst friends ???
And yes ..Bazillion.. it is everyone's best interest to buy and push the price up, but somehow I think getting blood out of a stone is going to be a breeze in comparison to squeezing more cash from the existing shareholders. I know I am done when it comes to any further purchases.
- Forums
- ASX - By Stock
- CMY
- Ann: Notice of General Meeting/Proxy Form
Ann: Notice of General Meeting/Proxy Form, page-8
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CMY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online