Firstly I mention that I have a sizable holding in both CEN and RUM.
It is a directors basic responsibility to ask at every decision point, 'what is best for shareholders?'
IMO CEN directors are solely thinking of themselves and the annual fees they enjoy.
Further I don't have confidence in their technical, or commercial ability to take CEN's projects forward without massive S/H dilution.
RUM directors are proven performers, technically and commercially so I will be very pleased to see the T/O succeed asap.
The T/O will result in much reduced ASX and compliance fees which I guess amount to about $400,000 per year – a nice saving!
Let’s get the deal done.
Firstly I mention that I have a sizable holding in both CEN and...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
