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So you wanted CAY to go into TH every time they were told to fly...

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MTB650b

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14/09/24

19:37

Post #: 75677199
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Originally posted by herbertvoigt: ↑

I am completely torn by this news. Its such a great milestone, but raises so many questions.
If its true that the decree was signed by the President on 2nd September, I cannot believe the company didnt know about it until yesterday. Clearly company execs have travelled to Cameroon for the symbolic handover ceremony and photo opportunity.
I would like to know from the Company exactly when they were informed that it had been signed by the President, either formally or informally, and when the symbolic handover ceremony that happened yesterday was organised, and lastly, why they thought it was appropriate to allow ongoing trading in the stock over the last two weeks and to proceed with the shareholder meeting granting the chairman options, a full week after the decree had been signed.
This should have been disclosed prior to the shareholder meeting if the company was aware of it, or at the very least a postponement of the meeting due to material info that couldn't be released. Im sure it would have affected a lot of peoples voting.The timing of the granting of the chairmans options now looks unfortunate at best, dodgy at worst. Not to mention there been a lot of trading in shares over the last two weeks when it seems that some people may have known about the decree being signed on the 2nd September while other shareholders did not.
This is a fantastic milestone that has been sullied by what seems to be poor governance and communication by this board. Again.

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So you wanted CAY to go into TH every time they were told to fly to Cameroon for a signing ceremony, they wouldnt have traded in the last two years. If you are so concerned as a share holder that the process wasn't followed contact the ASX and make a complaint that you think this hasn't been done right and place your profit at risk if they get suspended. But hey, it might make you feel better, that's important,

CAY Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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Last 8.3¢		Change 0.000(0.00%)		Mkt cap ! $117.3M

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So you wanted CAY to go into TH every time they were told to fly...

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So you wanted CAY to go into TH every time they were told to fly...

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