The AGM is held on 30/5 for us to approve the directors'...

  1. 32 Posts.
    The AGM is held on 30/5 for us to approve the directors' remuneration, re-elect the directors, etc. IMO, bankruptcy is not on the agenda.

    More importantly, guess the management have prepared to answer some tough questions during the AGM around the liquidity of the business, funding issues, prolonged disappointed SP, permit approval status, etc. We should then know better on CPL before dumping our shares.

    Personally I do not think there is any insider trading to account for the recent huge drops in SP but market sentiment. As I understand, insider trading is prohibited 2 weeks before the AGM (or maybe I am just too naive to think we are all living in an ideal world with no liars and thieves...?).

    Anyhow, I still hold my belief 'Every cloud has a silver lining'. However, when thing comes worse, we should be all teamed up and filed a complaint against CPL for misleading the market by stating 'The Company is progressing its funding plans for Vista and is in advanced discussions with potential strategic investors relating to its future financing...'.

    Just my little thoughts. Please DYOR.
 
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