CLA 6.67% 1.4¢ celsius resources limited.

Good Morning, As we all know the SVM deal has fallen through, i...

  1. 4,956 Posts.
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    Good Morning,

    As we all know the SVM deal has fallen through, i believe due to management of this company being unreasonable with price demands. The company has seen fit to decline a near 100% premium bid from silvercorp, excluding the possible value from the spinco's.

    Peter Hume who only holds ~24m shares ( less than many of you ) has overseen this mess for all shareholders.

    Myself and a like-minded group of shareholders who currently own a substantial portion of the company are canvasing for supportive shareholders for a section S249D notice to remove all directors who are not in favour of a transaction and sale of the company.

    more detail will follow but at this stage I’m canvassing for shareholders who are of a similar mind.

    [email protected]
    https://hotcopper.com.au/data/attachments/5496/5496446-518b0b413fdfa067a1563df807a5d353.jpg


    Please email with your Name and current total shareholdings in celsius resources.




    https://hotcopper.com.au/data/attachments/5496/5496449-52bb681cab79ac2a332075a298fa587d.jpg
 
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