CNB 5.76% 65.5¢ carnaby resources limited

CNB Summary and Why Its So Undervalued, page-1056

  1. 12,492 Posts.
    lightbulb Created with Sketch. 1750
    Really when you think about this SPP its purely a token from Mgmt ..as just think only 33.3x (of prob 700+) S/H would be filled if they applied for $30k..

    Should have been underwritten by insto's/brokers etc (Non-S/Hs) ...

    So 4mill SPP to all S/H of CNB (as we are the owners of the company!!)

    then what we S/H's don't want can be passed onto Non-holders..
 
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