CMR 0.00% 15.0¢ compass resources limited

So David - I gather you'd be happy to buy a stock for the...

  1. 2,463 Posts.
    So David -

    I gather you'd be happy to buy a stock for the medium/long term even if shareholders have absolutly no control over decisions of the board because shareholders have absolutly zero potential to vote a board out of office?

    You'd also be happy to buy that stock despite the fact 95% of profits will go to just two shareholders - 80% to YAG and 15% to Toll leaving just 5% to be divided between the other 8000 shareholders.

    For a stock to be a good trading stock it needs buyers - not just sellers.

    So lets put it out there - hands up if you would put a buy order in for say $10,000 worth of CMR shares if the YAG Toll deal goes ahead.

    Am happy to be proved wrong coz I'd feel more comfy - am also sure we could arrange an off market transaction for you if you are actually fair dinkum so you are ready to trade the very day we relist lol
 
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