CAP 6.00% 9.4¢ carpentaria resources ltd

drifiting lower, page-28

  1. 392 Posts.
    toph Yes I do have more clue.

    The problem with this share price is the Hillam ASI wrangle.
    Now one of three things is going to happen
    Hillam can raise the money to buy ASI out. Obviously from the court transcripts Hillam is some kind of mental knot who has no cash so to buy out ASI he will have to find a very substantial backer who can both buy out ASI and put up the money for CAP. If he finds a substantial backer problem solved.
    Hillam sells his share of BMG to ASI Problem solved
    Hillam refuses to sell. Hillamn and BMG both go under. ASI picks up the reamins...problem solved.

    Now the main criticism of Nick by you lot is that he hasn't solved this BMG/ASI wrangle. On that basis you denigrate him. Then you deny you have. Then you do it again.
    Yet in all this garbage you have not said one thing about what Nick could do or could have done about it.
    You present yourself as superior because you are a trader and you don't own this company whose share price has been falling. I guess it panders to your own ego.
 
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