CE1 0.00% 0.9¢ calima energy limited

Taking proceeds from the sale of blackspur and having management...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,802 Posts.
    lightbulb Created with Sketch. 1911
    Taking proceeds from the sale of blackspur and having management reinvesting that elsewhere would be a very very bad outcome. There would be significant pushback from investors if this happens.

    These guys are not great at capital allocation unfortunately.

    I’d want 100% of the proceeds distributed and let shareholders decide where to put our money.
 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.