Hi all,
Been distracted with other stuff (read - other day trading stox!) , just received hard copy in post, and have to say I came a-looking immediately cause some of this just don't stack up. Of course I have found like minded posters / SH's that as well have built in BS detectors......
1. Oppies in the money like 33% or thereabouts - why the 'extension'. I call BS.
2. section 2.2 3rd para in ' due to the collapse in equity capital markets....... blah blah blah'. This doesn't wash either, there is plenty of cash and confidence - using Vovid19 as a smokey. I call BS. Asset values still there as well IMO.
3. Directors fee's are already good. Are we now expected to vote and reward for 'non progress' (SN excpeted here IMO) of the company and the business plan to develop? Oppies already incentive, spend some cash, make some cash, move on.
This is a croc plain and simple.
What have I missed?
Sorry haven't had time to digest all the posts and other SH's comments since thread started.
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