Fishies, I'd say all your logic points to a NO vote.
Ashant and Fosters are paid by CAY to promote the company and increase value for the shareholders. By any measure they have abysmally failed, just look at the SP since they have been engaged. If they get their noses out of joint, it is self-inflicted.
If the MC is done this quarter as per JS's recent comments, then the options are a dilutive negative for the shareholders and we all lose value.
I can't see any reason why anyone would vote yes to have a reduced SP.
VOTE NO
ps I'd be happy be buy any leftover shares at 4.5c
Options Vote - FOR or AGAINST???, page-7
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Last
9.1¢ |
Change
0.002(2.25%) |
Mkt cap ! $128.6M | |||
| Open | High | Low | Value | Volume |
| 9.2¢ | 9.2¢ | 9.0¢ | $134.4K | 1.474M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1730000 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 164242 | 2 |
View Market Depth
| Last trade - 15.59pm 17/09/2024 (20 minute delay) ? |
| CAY (ASX) Chart |