Next AGM this period of hardship will be over. The problem with remuneration is that we do not know what's happening behind the curtains. Easy to do wrong... Let's face it: management tried to get 7.5m but got 1.6m, so they were ready to issue 6m in shares. This gives RAMcap's proposal some credibility. Maybe it is the right thing to do. But I think they made the mistake to link their financing proposal with director removals. Another thing is they do not have 5% of shares. Hint to shareholders wanting to support RAMcap to get more than 5%: They are going to take up a lot of a possible CN raise, so make sure you get your fair share too.
TRY Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
